I am currently out of work due to covid with no income, obviously cant get a traditional mortgage loan on my own. I hope to buy enough properties to generate enough income to never go back to my day job. However I a...
Thanking about waiting to make our first turnkey purchase until the new year as the markets seems like it’s getting closer to a big change. Just not sure it would make a difference or not in the world of turnkey purc...
Hi folks, I just purchased a 5 unit mfh, with rents well below market. One of the tenants just qualified for section 8 assistance, and was asking me if I could start accepting it. I’ve been reading up on the rules, an...
What are some of the best strategies to start with when a reasonable amount of cash is on hand?
My initial inclination is to purchase cash flow potential properties at distressed prices from wholesalers and/or strugg...
Hey guys,
I am still a newbie so I apologize in advance if this isn't a very intelligent question.
I am looking at a potential property with price say $600k (3 plex , 4000 sq ft MF) and asked my realtor...
I am not exactly a Newbie. I have been reading articles and enjoying the podcasts for a while now. I am currently in the Army and deployed in Afghanistan, but I am officially moving to Richmond next year. ...
A foreign investor friend of mine (or more like just an acquaintance) wants to sell a house in Detroit. This is a typical sad story for a foreign investor: bought a house from a "turn key" company, had to evict ...
I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks f...
My rental property has three rose bushes. They look nice and I think add a little curb appeal. There is one in the front and two in the backyard.
When trimming them the other day I realized just how thorny ...
So I've been practicing running comps or trying at least and I don't know whether I'm doing it right or wrong. Most of the properties don't share similar features to the subject property (# of bed baths, etc) and I se...