Investment Info:
Single-family residence buy & hold investment.
Purchase price: $42,000
Cash invested: $35,000
Sale price: $185,000
Single level, about 900 sqft. Super cute little house with ...
Hello BP!I'm Chris Williams and I'm obviously new to the real estate community. I previously lived in Memphis for four years before moving away to go to law school, and I'm now on the verge of moving back after I grad...
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
My wife and I purchased a four unit apartment in STL. Purchase price $85000. The market rent in the area is $500, but we knew that we could place value in the apartments by cleaning up, installing electric appliances,...
Just finished the inspirational podcast 301 about out-of-state investing. What @Alexander Felice said about having an unlimited opportunity to find the right market really hit home. While initially, this strategy seem...
Hey guys! Just thought I would throw this out there and see if anyone has advice for me, I am VERY fascinated by house-hacking, and have been watching / listening / reading everything I can about it for multiple years...
Hello whole new world!A little background on me. Grew up with family in the real estate business. Stepdad was a realtor and his brother was/is a builder in southern Oregon before the crash. I have always thought I wou...
Hello BP Family,I've been considering this topic over the past few weeks, as my wife and I have begun the journey of real estate investing. I thought I'd share my perspective with attention to the psychology of this p...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?