I'm about to close on my first multi family. Thinking about self managing. The deal is multiple houses on the same lot spanning multiple acres. Landscaping will be fun!Please your expectations prior to closing, then a...
How much of a safety net should one have of savings in order to buy an investment property?
Hello BP community! My fiancé and I are currently looking into buying a foreclosure. The property has a septic tank and a well and is in need of a handful of work. We are looking to cover all our bases with the due di...
I am a new investor. I want to shop lenders, and I received a list of lenders from a local trusted realtor. I wanted to know what questions I should or shouldnt ask to a lender. Should I tell them I'm in investor look...
Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
I’m saving up to invest in my first mobile home. I’m still researching and learning while I save. It would be great if someone could mentors me or give me any advice that will help me on this journey. Thank you guys.
600k Purchase Price --- 20% DownpaymentMonthly Cash Flow $1610NOI $53,856CoC ROI 12.39%Pro forma cap 8.98%Purchase cap 8.98%
Investment Info:
Single-family residence fix & flip investment in Austin.
Purchase price: $535,000
Cash invested: $250,000
Sale price: $1,030,000
Million dollar fix & flip. I loved this p...
I am just curious to know if anyone has ever lost over 100k, by bidding on a property with multiple problems that you didn't know existed. For example, liens from the HOA, local municipality, claims from uncle Sam, c...
Hello to you all!
so, im a beginner, 20 years old and started planning out my near and far future, and did a little market research in the area i live in and found out the prices for properties are significantly high...