In a previous forum « bad start in rental experience » I described the problems I encountered with the two properties I bought in Atlanta.Today I have a new property manager that evicted the tenant in Riverdale; the c...

We are a few days from closing on our first deal! We'll be house-hacking a 2-family detached house in Union City, NJ, about 12 min bus ride from Manhattan Port Authority.  We are inheriting an existing tenant who is p...

Greetings BP Community! Question

Background-

I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...

Hey BP,I'm looking at a duplex about 30 minutes outside of my hometown and right now, it seems too good to be true. This would be my first investment property & I was hoping to get some feedback on the numbers to ...

Hey Everyone! Trying to educate myself as much as possible before my first rehab attempt. Any advice is appreciated. Does anyone have any helpful advice or personal experience on splitting the profits of your first se...

Hi All, Just wanted to share my WIN on my 1st turnkey purchase scheduled for end of this month. I joined a mastermind call sometime during end of July, Antoine Martel made a presentation on Turnkey rentals and while I...

If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?

Here are the numbers:

ARV $185,000
Repairs ...

I've sent out 2 months of direct mail to absentee owners with parameters such as >50% equity >2bdrms, etc.   I've sent out 2250 letters and post cards and gotten 57 responses.  That's a 2.5% response rate.  I ha...

Hello BP,Names Nick, my wife and I have decided to dive head first into real estate investing, even though we barley have our toes wet. Not to mention the sound water being freezing!My wife and I are in our mid twenti...

Hi All, I recently came across an opportunity (like today) to purchase a SFH for $50,000 cash. ARV is approximately $150,000 conservatively. It needs less than $10,000 work. The owner inherited the home via a death in...