I'm hoping this post will be helpful for local investors on BP:
If you could go back in time, what do you wish you could tell yourself (or do differently) before investing in real estate?
Here’s the situation:Been listening to the main pod for a few years now, attended countless webinars at various times, some more serious than others because I’ve been in analysis paralysis phase for awhile. My wife an...
Hi BP!Having just closed on my first Duplex, I am beginning to start down the track of how I want to tackle deal #2. This first property was purchased with an FHA loan and I am owner occupying one side with the other ...
Hi all,I was analyzing some properties in NWI. The question I was trying to answer is what's the property tax rate for the region (Lake county). Here are 5 properties from Merrillville. You can see that the tax rate v...
I have identified a 6 unit apartment building where I would like to house hack. The asking price is $1.5m. I have $40k in savings. What is my next step to get this financed? The numbers make sense once the building is...
How do you value a small MHP that currently has 15 lots but was approved by the city to expand by another 20 lots? The current owner has received approval hasnt starting to built out the lot space and the utilities ha...
I've found a house listed on the MLS since 12/12 for 14k. It says it is currently rented for $500 per month. It is a 3/1 @ 1056 sq ft and rent estimates say it should be closer to $650-$700. I'm seriously consideri...
Being new to this real estate investing world, I have been reading a ton on BP and in other places. Also joined a guru REI club but only spent $500.00 on it, had I found BP first, I likely would not have done that. ...
Good morning BP community,
My father owns 7 units and 1 commercial property all but one of which has the potential to cash flow (some of the units are currently occupied by family at little or no rent). He is...
I am looking at a property that due to a variety of circumstances it does not have a lot of historical information available. This got me thinking about how to estimate gas, electrical etc. Yes, during the DD period,...