Hello- I am new to real estate investing. I am hoping to purchase my first multi-family property by the close of 2018. One thing that seems to be uniform through out all my readings and studying is how important it is...

Galveston 3 Bedroom Rental Properties - Do they give you income?

I’m looking at parks and I came across one that has some potential. However, it is only half full, a few homes need to be removed. When you subtract reported income from expenses there is only 3k profit per year. When...

Hello BP,You guys had plenty of info for me when a furnace went that I thought I would now ask you an Air Conditioning question:1. Based on the info provided, does it seem to be solid advice to replace the entire unit...

Hi BP,I'm working on another deal and was wondering what you all thought as experienced investors.It's an SFR in a C class neighborhood.  It has 4 beds and 1.5 baths about 1670 sq. Ft.Asking price is $35,000, but hopi...

I'm renovating a 1970s 1600 sq foot rambler that needs all new duct work in crawl space and a 3 ton package unit.  Quotes were $12,000, $8,500 and $5,300.  I know and trust the companies on the first two quotes.  The ...

Hi all, I am just starting to evaluate multi-family deals and came across a 23 unit multi-floor complex. I received its financials today and upon looking, it's 12-months performance puts it at 5 cap, and factoring in ...

Purchasing 5 unit for $260K in Chicago on the southside.  The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage.  I was disappointed that the int...

Before blasting me with comments telling me that's dumb,  hear me out....
I often hear people pushing for excellence,  pushing to do better,  be better and achieve more.  But what's wrong with mediocrity? Really, the...

I found a house for 117k owner is willing to do owner financing at 800/mo with a 5 year call. With a down payment of 14k. She owes 103k on her mortgage but wanted 117k so that's how I came up with the 14k down payment...