Jimmy Nguyen
Need some advice! - NOVA Market specific
Hey everyone!I'm trying to get some insight on what I should do with my next real estate moveCurrent situation:I just bought my perm residence a few months back, I put 15% downpayment, will have 20% by next year. I am...
Marvin Meng
Where to start...?
Hi all,I've owned rental properties for a little over 10 years but have actually been an investor for a little over one. (By that I mean that previous nine I did pretty much everything wrong; lack of focus, directed e...
Dan Fisher
Self Directed IRA Lesson Learned
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
Shanequa J.
Owner was scammed
I'm buying a house from an out if state seller. We talk often and have a good relationship. She calls me to tell me about how her sister got scammed.Long story short, she thought she was selling her house and getting ...
Gary Erdoglyan
Since there is low inventory, doesn't development make sense?
If there isn't a lot of inventory than Why don't investors, especially in the Los Angeles area run towards developments?Sorry if this is a dumb question.And im too young to remember, but from what i read, doesn't this...
William Morales
How I think finding boots on the ground is not that easy.
Hello BP.
The reason I said that in the title is I really think it's been tougher than I thought, I live in NYC and have a full time job, I'm looking to invest outside my hometown, In Orlando I have a brother there,...
Sarah Stevens
House Hack or 4plex as My First Purchase
Hey everyone!I had originally planned to purchase a 4plex and owner occupy so I can use an FHA loan and only put 3.5% down, but since I've been analyzing properties (thank you BP!) the ones in the 400-700k range don't...
Michelle Sanchez
Just Starting Out and Looking for Advice
Hi I am new to the BP community and am looking to get started. I have been specifically looking into fix and flips and multi-family rental properties via the beloved BRRRR method for cash-flow. A little about myself,...
Daria B.
Tracking Note Income (capital gain from sale or income)
I have been investing in notes since 2017 and it's been a pretty simple process. Several people in my area invest with a JV that manages the ins/outs and have had good results. We have had numerous discussions in our ...
Account Closed
Assessing a property asking price
I’m looking at a property on Zillow, the asking price is 158,999. However when I looked at the tax assessment on there for the property it listed as being assessed for 59,000. The property has been gutted down to the ...