Hi All-If an investor follows the rules of thumb that bigger pockets lays out (2% rule, etc) you can ASSUME  that there is a large enough cash flow cushion to absorb any risks in the property.

Hi everyone.We are in the process of purchasing a relatively move-in ready three family in Massachusetts.

I went blindly into my first condo purchase and have a second one under contract, but I wasn't quite sure about what I was doing with those two transactions, since I hadn't discovered Bigger Pockets yet.

Out of pocket cost to you would be next to nothing.  

I have been flipping in Austin and San Antonio for a while, and what I'm here to tell you is maybe you can or maybe you can't, but I BRRRR'd a house in San Antonio and not only have no money tied up in it anymore, but I put $5,000 in my pocket for my trouble.

New to bigger pockets and new to the Real Estate World!

@Brad PierceWelcome to Bigger Pockets.

House I am renting:Purchase Price $145,0003 bed/ 2 bath2 car garage1,700+/- sqftAsking rent= $1,395/month Thank you Bigger Pockets Community for all the of the great knowledge and advise everyone is consistently contributing to on a daily basis!!!!

Call real estate companies - ask for a referralCall for rent ads - ask about their managementRun some ads on CL or other sites like Bigger Pockets (Ha!)

Power of Sale Notice Requirements: Prior to initiating a foreclosure the notice of foreclosure sale must be advertised at least one per day for three (3) days or once per week for two (2) two weeks in a newspaper of general circulation in the county in which the property is located.