I’m a 37 yr old IT professional, husband and father of two, looking to get into real estate as a long-term investment. I’ve done a flip in the past and it was profitable, but my thoughts keep gravitating toward rental...
Hey, everyone! So I've been perusing through BP for a week or so now, and have spent SO many hours each day reading through the forums, blogs, articles, ebooks, listening to podcasts... the amount of knowledge on this...
Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...
Hey everybody, I have found a great deal in my hometown of Columbia SC. It's a duplex that's listed for 50k. The sellers are motivated to sell. The property already has two tenants which yeilds $1170 per month. So the...
Ok, so here it is in a nut shell. I currently own 2 SFR that I am renting out. I only rented the 2nd one out 5 months ago. So I am renting myself until I can show the rent as income and therefore get the mortgage on m...
Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Hi everyone, my first post here.I currently live in NYC (on a rent, one more year on the contract) and I am planning to get my first property this year. My ultimate goal is to make 5k/month as passive income (from ren...
I have a rental that is turning over for the third time. I had tenants for two years and then tenants for 3 years. The house is located in a little pocket right in between two booming neighborhoods- Mt. Vernon Triangl...
Hello BRRRR aficionados! After purchasing an SFR in Los Angeles in 2020 and renting out the main home to tenants, I'm close to finishing up building a new detached ADU in the rear as well, complete with a private entr...