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Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
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Hi BP community!I have a few properties that I have had managed by a PM company. I used to self manage and when I changed jobs, that required a lot of overseas travel and I didn't feel comfortable having family deal ...
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My experience with Memphis invest has been great until my first tenants broke the lease, and left with $3900 repair cost. What separate Memphis invest from other turnkey providers is their excellent customer service. ...
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So house hacking to me is an amazing way to get into real estate and the most promoted benefit is that the tenants pay the mortgage or most of it as well as low down payment.But I live in Portland, OR and a duplex goe...
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Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
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I'm curious to see how many people actually have enough deductions to not pay any income tax on their cashflow at the end of the year? If you own buy and hold properties, do you pay tax at the end of the year, or not?...
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Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...
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Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication. I decided to run IRR (Internal Rate of Return) calcul...
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...