We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
I have experience with working class and lower income areas. But what about ghetto, warzone areas. A lot of burned out buildings, people using/selling drugs all over the place, frequent shootings (almost one a week it...
Hey BP! We finally closed on our first flip on Friday and I now feel like I can post about it! After being under contract 4 different times, I feel numb to the whole selling process and it hasn't actually hit me that ...
I'm assuming that there is no real way to start wholesaling except to jump right on in, get going, and make mistakes to learn from if any. I've tried to find a step by step method and also wanted to start off doing it...
We are in FL. Without knowledge purchased a HOA foreclosue with a 1st lien. The 1st lien is in pre-foreclosure. The homeowner's were in the process of negoiating a loan mod so the foreclosue is on hold. I dont thi...
Need help with tenant issue-We have an older duplex that my husband recently remodeled that is an up/down duplex in the historic district of our city which is close to the university. The upstairs has 3b/2bath approx...
Let's not get into politics but since we're all like minded-ish investors, read this and let us know what do you think of forcing market changes, area changes, affordability, excessive taxing etc?https://theweek.com/s...
I've reached out to a few realtors and was given a list of turnkey properties. A few caught my eye with the description of for sale $30,000, rents for $800 long term tenants, good payment history, fully rehabbed in 20...
Hi everyone,
I noticed that there are hardly any success stories being posted by investors in NY. Primarily around the five boroughs. I have been digging through the MLS hoping to find a diamond in the rough accordin...
I am scared…. I am scared because I am about to venture into the unknown where many people have been before some have succeeded some have failed. I am scared because a TV Guru said I can’t get rich really quick b...