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A friend wants to sell his house because it needs repair that he can not afford. Its in Trace lane, Indianapolis, IN. 46260. comparable houses are around $175k, The mortgage will be kept in his name with a balance o...
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On the BRRRR Report, I see that the 2% Rule under the Financial Info section is a percentage. How is this calculated?My understanding was that the 2% rule was equal to 2% of costs. So, how can the result itself be a p...
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Hello all,I am trying to do my first deal/buy my first MF property but I haven't been able to move the needle.I am focusing on Small MF (2-4 units), with a value-add strategy. I have been cold calling direct-to-seller...
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Investment Info:Dallas, TX quad-plex that needs reno on two of the units. Units A&B are 2br,1.5ba. Units C&D are 1br,1 ba. I believe this will be $750k+ property in the short term, at minimum.List Price: $645,...
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I'm an older blue collar working lady. Never went to college and really bad at math. Been working in retail supermarkets since age 16. I just moved to a small town in Missouri. I'm currently unemployed, but I've b...
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Hi all,I've heard several people mention using OPM to invest in real estate. While this sounds great, how does this actually work and does it actually turn a profit? For instance, if I manage to raise private capital ...
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I've got a property with a negative cash flow for 10 years. I bought it right before its value dropped. The value never climbed back. It's had a tenant for most of the ten years, however, expenses are more than ren...
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Hi everyone,
I am “under contract” and paid the down payment to a roofing company to replace the roof of one of my properties (more than 3 months ago). Unfortunately, it is already been 1 MONTH since the “due date...
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I am using BP for almost two years, and I always posted or searched for recommendations on:accountants, lawyers, wholesalers, agents, contractors etc...I really think it would be an amazing feature, where we could fil...
I bought it in 'O5, puts lots and lots of money into it, completed it from 1 rentable unit into 4 rentable units, still owe quite a bit on it, and it still need lots and lots of TLC. I want to sell it. That's the ...