Hi BP,
My REI partner and I are about to purchase our first two single-family homes. Our realtor got a deal on 9 homes with a wholesaler. We are buying each home for $148,000, with $500 in earnest money, and the Zi...
Hi BP community! I am a newbie from Brooklyn, New York. I’m currently in the beginning stages of learning as much as I can about REI while putting a plan together. I’m having a hard time deciding where to purchase a p...
So what ever happened to “the pursuit of happiness?”In 1776, Thomas Jefferson wrote, when crafting the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they a...
I just closed on a big building, and one tenant had mentioned to me that a window is falling down, and doesn't stay open. that was about 2 weeks ago, I told her that I took over the building with numerous problems (...
So here is my story, my first bad experience as a landlord.Bought a duplex, moved in to the 2nd unit, did a lot of upgrade in the house to rent out the 1st unit to a family. After few months, I moved out and rented th...
When using the BRRRR Strategy, is it too risky to use a traditional loan with a 20% down payment instead of buying the property up front?
This is probably a very commonly asked question, "Show I rent out my house?". In 4 years I am planning on upgrading to a bigger house. I have a solid 3/2 house in a town with 2 colleges.
I am thinking about using a...
I'm pretty fresh to investing, I'm in the middle of my first deal right now and it was a pretty odd one at that ( a rehab on a purchase option with a plan to use the rental income from the property to pay for the prop...
I am thinking about buying this duplex. Could anyone get me their advice as to whether or not its worth it.
Asking Price- $109,900( fully remolded new windos, carpet, etc)
bottom tenant pays- $550.00 per month includi...
HI,
My wife and I will be locating to SW FL in the near future and was wondering about real estate income.
We will need income , now & latter so we are looking into duplex's, tri-plex, etc. for a income going ...