Charles White
Advice for newbie, flip won't profit
Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...
Andrew Basom
Alternatives to parents selling childhood home
My parents are on the verge of retirement (unfortunate timing) and I'm trying to think outside of the box for them with their current retirement strategy. Right now they own a 4BR/4BA home in central PA as their prima...
Account Closed
Seller Wanting To Back Out Of Executed Contract.
Hi Guys,So Seller and I came to an agreement on a price on a home. We both signed it and two hours later he calls me telling me he no longer wants to sell the house for that price and he wants more. Got legal advice a...
Ralph Stowe
Are these Flippers smoking "Hopium"?
I've been browsing the local MLS just to see which areas are trending, etc. More and more I'm finding rehabbed homes listed for WAYYYY beyond what the average sale price for the area is. Example, there is a run down ...
Roger Simons
Are any apartment building owners considering eliminating LR's?
I was wondering if any apartment building owners ever considered converting their units so the living room becomes a bedroom. This would only work if one didn't need to cross the living room to get somewhere else. I...
Neel Iyer
Starting Out.... towards my first SFR investment
Hi BP community - I have started doing some research into my first SFR investment which will likely be out of state - A ~$100,000 home with a roughly 1% rent/cost. I am looking at St Louis, MO, Cleveland OH, suburban...
Katherine Roberts
Site unseen and no inspection
Hi,Is it normal for a real estate broker to send you an off market deal and expect you to decide whether you want to buy it site unseen and without an inspection? They said there’s no way to get the down payment back ...
Account Closed
Just bought my first rental property - Should I do STR/MTR/LTR?
Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).I bought it all cash so I don't have any holding costs other than HOA, and property taxes.At this point, I'm no...
Jami Rahman
Help With First Rental Property Investment
Hi Everyone!
So I am a recent grad working in the pharmaceutical industry. I wanted to begin investing in a rental property near or around Boston. I am looking to invest with $100,000 down payment for a apart...
Jason Rosenbaum
Multi Family Analysis
Hi BP,I wanted to get some insight on analyzing a multi family deal. If I were to purchase an 8 unit property with a few current vacancies, but all are rent ready, is there a rule of thumb on how much the value of the...