I have a plot of land willed to my sister and me in the North Myrtle Beach, SC area. It is .17 acres and is appraised for $220,000. It is in a great location and would rent well once something was built on it. Bu...
Hi all! I'm a new investor in Rochester, NY. I've been mostly lurking on BP for about a month and I've chatted with a few local folks, but I thought it was time to finish my profile and introduce myself. I love thi...
Hello from rural MN,My wife and I are relocating to the Minneapolis-Saint Paul area as a way to scale our eCommerce business (in order to leverage the population size to increase our sales volume). I'm looking for sug...
Question: In Minnesota what cap rate are investors looking for (generally speaking)? I'm in the process of securing a duplex (up down). It's 3/1 up and 3/1 down. The leases are 1500/mo each for a total of 3000/mo. I'm...
Hi BP! I'm looking for some advice on a dilemma I'm having with one of my rental properties. I own a short-term rental in the Charleston area that is a really nice townhome. It cash flows well as a short term rental, ...
Hello, I purchased a 4 bedroom home and was wondering if I needed to put beds in all rooms. I'm on a budget and it would come out somewhat costly, but I want to do it right since I am able to use the beds for future ...
So I'm trying to refine my equity list on listsource.com and key in on the mid level price range houses in my market. My first ever mailing that I sent out I didn't specify a price range so I got a few phone calls fr...
Dear All, I am a residential RE investor with an interest of expanding into Commercial Real Estate. I am specifically interested in small Medical Offices in the San Francisco Bay Area. Totally new to this so please le...
Good morning BP, are you looking for your first flip? How do you know if a "deal" is actually a deal? What do you need to look for, what needs to be considered? 1) Purchase Price:
Acquiring the property at a favorabl...
My deal (first one):
I have a 3/2 SFR in a good neighborhood, it's a short sale.
My offer was accepted and is currently going through the banks underwriting.
So my question is. There is a tenant in place.
If I keep t...