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What made you want to start investing in real estate?
I have different a motivation for everything I do. I wanted to start investing so that I could create wealth by means of cashflow. I knew that generating positive cashflow each month by renting out my properties wou...
Mike Neyman
Where did all the good REO deals go?
Is it me or is it harder to find good REOs in the last couple months? I'm looking to buy a few properties to flip and have had a hard time lately. Seems like REOs became more expensive while the retail market stayed...
Emily Lien
Is this a bad deal because of mortgage rates?
List Price: 235kReno: 45kARV: $340kHOA: $100 / monthZillow Rent Estimate: $2,300I couldn't find any information on current investor mortgage rates, so I used 8.1% (my HELOC interest rate) for the calculation. My credi...
Rumi Tever
Financing for homes under 50k.
Hi everyone. I'm looking to purchase rental properties in Milwaukee, WI. Purchase prices I'm looking at ranges from 35k-55k. Properties are all tenant occupied. Because of minimum loan/ property amount that lenders ha...
Munim Jalil
Seller wants us to waive appraisal clause - thoughts?
Hi All,I like to the BP thoughts on this.Context - We are in the midst of purchasing a 3-family property in NYC to be used as an investment rental.We agreed upon a purchase and had our contract drafted and sent to the...
Stephen E.
Stored Dishwasher
I had a dishwasher that I had pulled when renovating a unit and putting in stainless steel appliances. I kept it in the garage thinking it would be useful if a basic white dishwasher failed in one of our other units. ...
Jeffrey K.
PAINT
What colors, types, and brands of paint do you use in your rentals? I am looking for something that I can use on all of my property. Thanks for the info.
Rodney Kuhl
How do YOU stay involved in real estate when life gets in the way?
A question for all of you BPers. How do YOU stay involved in real estate investing when life gets in the way?A little background. We started investing last April and picked up 3 rental properties before the end of the...
Chris Penny
What improvements lead to higher rents
Hello, All. Putting in a bid on a 10 unit apartment building. Following the BRRR formula, I will be looking to improve the property, raise the rents and refinance. My question is what improvements will give me the m...
Brian Washburn
Advice for investors on their first rental
After 6 months, 50+ properties analyzed, 10+ property tours, and 2 offers, I am finally under contract to buy my first rental property in Omaha, NE! A 3BR/1BA in Midtown near UNMC and the VA hospital.While I feel like...