
11 July 2015 | 10 replies
A couple of things...1) one of my closest friends lives 1-block away, so I know the area well.

4 July 2015 | 8 replies
its not in the worded hood but on the outskirts of the hood, my block is nice and law enforcement officer lives across the street.

3 July 2015 | 20 replies
The different of a few blocks can mean the difference between fairly comparable rental units being able to command $2000/mo in rent vs. $3000/mo in rent, and if you don't know the areas well yourself, you run the risk of buying something one block too far over-In return for high cost of entry and high rents, the returns are larger.

5 July 2015 | 14 replies
I say it's what it would fetch on the market, but there really aren't many comps except on the other end of my block where someone demo'ed a house (anticipating later construction) on a same-sized double lot (102x134) but their cross street is a quiet street, and mine is busy.

5 July 2015 | 6 replies
That means it gets damaged easily and it's harder to keep clean.

4 July 2015 | 10 replies
Because no tenant is a perfect tenant, something will likely be damaged.

5 October 2015 | 33 replies
Really only two viable options: a loan mod, if you qualify (and can go thru the associated brain damage of the process) or a short sale.

12 October 2021 | 5 replies
They also damaged my master bedroom door.

22 October 2021 | 2 replies
Hello everyone, I'm new to the real estate investing world, I've been doing armed security for the past 20 years, worked a lot of hours and just wasn't going anywhere, then i stubbled back onto Robert Kiyosaki YouTube channel, and membered learning about it some back in 2007, then started watch Ken McElroy learned as much as i could from him then i saw David as Ken's guest and that's what introduced me to BiggerPockets, and have been watching videos taking notes trying to learn as much as i can and trying to get started at the same time, and found some hard money lenders (because I knew I couldn't get a loan from a back with my credit score and just getting started) four of then said sure will give you the loan talk about being excited then they hit me with will give you 80% of the LTV and you have to put the 20% down, my mouth dropped and another guy said there's going to be a 15k PMI added onto it and after I explained I needed to figure out how to come up with the 20% plus the 15k he blocked me on Facebook, so i began asking friends and family for the loan but ended up at a dead end, so with one of the hard money lenders i spoke to and kept in contact with offered my a loan officer position and explained the pay and everything, and in my mind i was like oooo if i get 5 of these deals i could have 20k, which would be enough for a down payment for the LTV on a condo then do the BRRR strategy on it, so that's currently where im at now.

16 October 2021 | 4 replies
As other have identified, you won't be able to collect for any damages as I rented to a Canadian citizen who was a great tenant for three years till he did not pay for three months and quietly vacated the property.