I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future....
I have walked 25+ homes and placed bids on 10+ properties in the last 2 months without any luck:
I am sitting on a short sale offer that I submitted 3 months ago, that I have not heard anything on in weeks...
I have...
Hi there,
I'm 24 years old and am very interested in getting involved in some REI. One of my Uncles has been successfully flipping houses for the last 13 years and lives a very comfortable life by doing this.
L...
My wife and I just moved to San Jose and we are trying to buy our first primary residence in Milpitas, to start a family. We earn a bit more than $225K combined and we only have about $120K in cash. Therefore, we are ...
Hey all, I'm really hoping a BP active poster out there would be willing to coach me in the ways of rental properties and the ins and outs of getting started in the area I'm in. I know this maybe not be ideal way to g...
Is it my imagination or are there less tenants than there used to be. I was wondering if others where experiencing the same thing. I bought my first rental house in 1992 and it was so easy to rent that all I had to ...
Hey guys, hoping you may be able to weigh in on this situation. My boyfriend and I are analyzing multifamily properties in Watertown NY (long distance for us at the moment). He’s stationed there currently at Ft. Drum ...
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminu...
Hey Guys, I will be breaking down my deal in Sioux Falls, SD that I am currently under contract for and would love some advice/opinions while I am in my due diligence period. Price - 235,000 - 3% from seller towards c...
Finally found a tenant who pays her rent on time, but now she wants to move out when lease is up due to heating cost. It's her first winter there and propane heat costs 2 tanks a month ($230 a tank). there is also e...