So I am somewhat new to the site. I started really looking into REI about 3-4 months ago. Before that, I was just a simple minded home homeowner just carelessly throwing money into my mortgage with no real financial p...
Hi all –
I wanted to get the community’s take on this all-cash deal for a multifamily unit. It’s in a very good part of Cleveland, hence the ARV. I plan to get a mortgage after 6-12 months, so my analysis will in...
Listening to various podcasts, it seems like the typical playbook that many successful investors follow is to start off buying single family homes, move on to 2-4 units, and eventually 1031 or pull out equity and get ...
Hello!
Looking at a lower price point ($90-100K) for my 2nd investment property and that has pretty much taken all possibility of small multifamily out of the picture. So I have set my sights on single family and ...
Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
Hey all just wanted to share a success story for those people saying there are no deals to be found! This property was a foreclosure up for sale at a judicial auction. I have an assistant who runs comps for me on all ...
RIP John Q. Hammons, 1919-2013
Most here probably don't know of this man, Known as John Q. he passed away last night in his home. He was a small town boy from Fairview, Missouri who became a real estate ledgend. He a...
I've been listening to the BP podcasts, reading everything I can on the forums trying to avoid problems along the way before making my first deal.
I hear a lot about finding your niche first. I believe for me that's ...
I know there is a lot of discussion on house hacking on BP and it can be a great strategy, but renting out a house that was purchased as a primary residence is a good way to go broke. I've recently gotten a phone call...
After all these months watching HGTV and reading books. I was finally able to pull out a modest profit on my 1st flip deal. I’m grateful that after all the startup cost and unexpected issues, I was able to come ou...