Terry Lao
bought and sold in 1 year, gain 100K on 4plex in LV
The appreciation prices have gone insane in Las Vegas. Fourplex bought 1 year ago, and now seller is asking $100k over his purchase price. The crazier thing is he will get pretty darn close to 100k gain, which is a an...
Chris Taylor
Insurance Requirements for Rental Property
I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...
Blake Burnett
Discouraged about long distance property management
I'm working on buying a multifamily property in Virginia. I'm stationed here for another year and a half and then I'm on my way to the west coast. I originally planned and have accounted for a property manager to take...
Dewayne Hopewell
How much money should I save before buying my First property?
21yr old college student currently working and saving my money to invest in my first property. Still learning and trying to network I’m Pennsylvania. How much money is “enough” to put down for your first property? How...
Jesse S.
Rocky start to turnkey investing --> perspective needed
Hey BP Community- Wanted to share a bit of my story here to get some perspective. I started reading the site back in January and after many conversations and a few site visits, I decided to purchase two out-of-state S...
Stephanie Iken
Trying to buy my first income property
My partner and I have been talking about becoming landlords for well over a year now. It was always sort of an “idea” in the back of our minds but then sometime in April we became really serious about it. We started l...
John Smithe
How would you invest $100,000 in today's climate?
Hi everyone. In an attempt to try to stop my analysis paralysis, curious as to what established investors would do in the following scenario:$100,000 liquidNo Debt at allRemote IT Job making 100k/yr. Location is a n...
Naskat Williams
Bank Wants 10K Earnest Money
My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
Daniel Keating
managing some properties for a friend-not getting paid as planned
Hi Folks, I live in Tucson and have 2 rental properties I own and manage. A friend of mine owns 5 rentals in town and he lives in Payson--about a 3 hour drive so I look over his properties.
Originally the plan was tha...
Jason Yablinsky
My First Rental Property (Pics)
Just purchased my first rental property... Just wanted to get some opinions on it. I think I'll be able to get about $700/mo no utilities included. I went with the single family unit in hopes of less hassle. It is ...