Edward C.
How would you invest $70K
1 May 2019 | 19 replies
Appreciation will be low, and it would be harder to sell when / if the time comes (again, people point to that often times cheap houses sits on markets for months at a time, versus in seattle it sells like hot cakes)Upside of local investment is that it appears “safer” - I know the market, I can drive to it to make sure no one “Morris”ed me, and when the time comes to sell / 1031 - hey, it’s easy, and it most likely will come with good appreciation (I know, appreciation is not guaranteed; it’s icing on the cake).What would you guys do?
Joseph H Nguyen
Joseph Nguyen from Allen, Texas (newbie)
26 April 2019 | 6 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
John D.
Buy now, 1031 in later
26 April 2019 | 6 replies
., some specifics would help, but it may be worth offering the current properties at below-market prices for a quick sale or finding another investor and offering the portfolio at a discount.
Jay Hinrichs
For all of you in Hot Markets here is the must have doc.
26 April 2019 | 71 replies
Hopefully your deal is still at or below market for my sake.
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
9 May 2019 | 40 replies
They are possibly below market so they should know they're getting a good deal by staying put.
Shawn Hershberger
6-unit property, great cap rate...what am I missing??
24 April 2019 | 2 replies
My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly 900 sfGarage with door + extra parking areaRoof in good shape, air and furnace in good shapeRealistic gross all units filled: monthly $4,400 / yearly $53,000We walked through both vacant units, very clean and basic.
Walter Holmes
Foreclosure Auction Due Diligence
26 April 2019 | 13 replies
The only intelligence is the searching tool to allow us to filter by property details.
Robere Istatia
Starting out with Subject To Mortgage strategy
24 April 2019 | 4 replies
Unfortunately, my student loans have crippled my credit score and now I am approaching 30 and have credit below 550.
Zach Ataiyan
Condominium Association Lien Foreclosure?
28 May 2019 | 11 replies
Can anyone tell me what the listing below is indicating?
Eduardo Acosta
Looking to buy a commercial property
4 June 2019 | 1 reply
I would filter out anything lower than a 7 cap at a minimum.