I am very excited to announce that I have bought my first rental property! It is a 4-plex in Lynchburg VA in a great part of the city. Details are listed below:All units 2 bed, 1 bath 950 sqftPurchase Price: $198,000A...
I am about 1 year into landlording my own properties and have a few questions on lease grace periods and what others have done. We have rent due on the 1st and then a grace period till when the late fees hit so some t...
Hello BP community!Great to join BP. I've been reading a few blogs and forums on this amazing site for about two weeks now, and am just starting out on my own learning journey in Real Estate Investing (REI). After rea...
Deal or Dud? I've been working on my analyzation skills when it comes to finding deals and seeing if the math makes sense after looking at the numbers for Buy and Hold properties. I found a property in Petersburg,...
I have some cash on hand which is not enough to buy a nice city condo in the US, but may be enough to buy a nice one or two bedroom condo internationally - somewhere like Spain (barcelona or southern beach area), down...
Hello Everyone! I am planning on participating in an auction to purchase a house through a Tax Deed.The comparable for houses sold in the area shows the house could be sold for 220K after the title is clean and repair...
Let’s talk Return Metrics...There are four main return metrics in real estate deals: equity multiple,
average annual return (AAR), internal rate of return (IRR), and average
cash flow. In this post, I’ll start w...
Hi everyone, My partner and I currently rent and pay ~$1,400 a month. We are in the position to be able to make our first purchase, aiming for the mortgage to be roughly the same as our current rental total. Does it m...
Hello BP Community!
I am very excited for my first post after having consumed BP forums, articles, podcasts, etc. night and day for many months. Of course I have a question, but first would like to say how impressed ...
Hi Everyone and Happy New Year!I apologize if this post comes up twice. I don’t think it worked the first time I tried. I am new to buying and holding. I live in SoCal where mls homes do not cash flow positive. I have...