I went by to look at another absentee owner lead. I passed on it the minute I saw the house was located in a very poor, rundown neighborhood. My agent said that particular area has gotten a lot of cash sales. That was...
I appreciate some advice here. We are attempting to making our first purchase of a rental out of state where are kids are attending college. Attempting a college house hack. ($10K savings yearly vs living on campus)...
Hi All!My name is Preston and I am an aspiring investor from the metro Detroit area. I have been a big fan of the BP podcast and forums for for a couple years now but never fully jumped in until now!I have minimal exp...
Hi all,I'm looking at a deal right now that has two parts: a 5 plex & 6 plex next to each other, and a 27 lot MHP. Combined NOI is $87,000. The 5 & 6 Plex are pretty standard, all brick, and decent. The buil...
Hi Everyone!
We are new to the forum and investing. Our goal is to start as wholesalers and go from there. Our focus will probably be northern IL from Rockford into the burbs. Chicago in the future, can't bite of m...
Hello Everyone!
I am just starting out in real estate investing and I have been looking at both smaller multi-family properties (1-4 units) and larger apartment complexes as well (5-60 units). I am very new to this ...
I have a silly question that I need answered..I am very new to REI and will be Bird dogging to get my feet wet. My question is that I want to print some business cards however i'm not sure what my title should be. Wou...
Has anyone ever done a condo conversion project? Where you'd take an older apartment building convert to condos and sell them off? If so can you elaborate on the process, what to expect and is it worth doing? I'm cons...
Just wanted to say hello to the bp community and introduce myself, I just joined bp and new to forum, but based on what I was reading I'm sure it will be beneficial to me so I intend to use it.
I have a property under contract through a new LLC I just created (123 Main LLC). I want to sell my membership interest in this LLC to a cash buyer for $10,000. The buyer has agreed to the terms and conditions but ...