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Rookie investor here.. just bought my first rental property a few months ago but impossible to buy the second one- even with interest rates over 7% here, every property I make an offer on has 7-10 competing offers wit...
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We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear. Still have some deferred maintenance...
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Hello, I have a specific question and haven't been able to find the answer.I have a very motivated seller who owes about $126,000 on his house, which is also what it's worth. He is willing to repair the property and ...
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So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
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Hello BP!I'm pretty new to BP forums, and so far have just posted in the "Welcome to BP section". Thanks for all who welcomed me by the way!Here's our situation: My husband and I just purchased our first home (in sout...
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[Note: I initially posted this topic with a poorly worded title - thanks to autocompletion on my phone - here. I am reposting with a new title and have cleaned-up the narrative].
I've been ap...
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Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $80,000
Cash invested: $40,000
Sale price: $104,000
Had it under contract to sale at 165K and it cau...
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Hello BP,I currently have a verbal agreement to purchase a home for 90k. I met with the children over the weekend who inherited the property from mom. The house has already gone through probate and they are ready to s...
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I recently tried to close a deal with Infinity Capital Finance {Bethesda, MD}. Paid for the application, background, credit, and appraisal. I thought I was dealing with a hard money lender I could trust. Only to get a...
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I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...