I have a new rental in Greenwood, SC, which is not renting. I am concerned it is price. I could not find much in the way of comps, so I made an educated guess. The 3 bedroom townhouses about a mile away rent for $8...
It may not be the best idea to try and find a partner on the internet. However, would anyone with cash/operating experience (that would qualify for commercial financing) be interested in partnering on a deal together?...
I have started my pre licensing class to become licensed but I am hoping for some advice. My plan is to sign with a brokerage near my college (Elon, NC) and do rentals in my free time while at school. Is this somethin...
Hello, I've followed BP for a few years now but this will be my first post. Could use some advice from someone with more experience than myself.
Situation: I own a property in North Carolina that currently has a main...
I’m looking at a property on Zillow, the asking price is 158,999. However when I looked at the tax assessment on there for the property it listed as being assessed for 59,000. The property has been gutted down to the ...
Hello everyone! Long time BP Podcast listener and site lurker finally taking the dive in the very near future. Looking hard for my first deal in the Richmond, VA area, and cannot wait to get started. Would love to h...
We all got excited about the EIDL loans from SBA: $10k free advance that does not have to be repaid, and then some great terms on up to $2M loans.
We celebrated too early. First we learned that it is not $10k. It is...
I am currently active duty military and am trying to get out in the next 4 years, in order to do that I need to be well off financially. How would I start with little to no capital? Military doesn’t pay much. I’ve bee...
Wondering if anyone has been in this situation and can shed some light on this scenario:
Term is 2 years.
The upfront amount for the option contract is $10,000.
Monthly rent is $3000 which is about $300 above fair ...
Hi BP nation! Here is my story and the numbers on my first deal since joining BP. I started looking for buy-and-hold properties back in the summer; specifically, small, multi-families. With the help of an investor...