Jody Ellis
Buying a foreclosed property at auction
22 May 2024 | 7 replies
Compare what you see to the deed etc - there could be a shared driveway or some other easement.Also if the building is occupied you will be dealing with an eviction as well so you will have to factor that into your costs/bid.
Xu Weng
Landlord Insurance learning for new investors
21 May 2024 | 3 replies
Hi, happy to recommend contractors.,
Adam Zamorek
New to REI in South Florida
22 May 2024 | 11 replies
Find properties such as duplexes, triplexes, and small apartment buildings on BiggerPockets Marketplace and local listings.
Mimi Perez
Starting out: Do I Sell?
20 May 2024 | 7 replies
Instead of renting, move that money into a more valuable asset and continue building equity.
Benjamin Vasquez
Should i buy a home or investment property firts?
21 May 2024 | 11 replies
I told them that it was a better idea that, instead of buying a home first, we can buy an investment property and keep renting after we build some equity, sell it and put the down payment for 2 houses or a duplex and live in one and rent the other one (for me, i could keep renting until we buy a lot of investment properties and then move to one of them), but my family wants to buy a home firts and then the investment property.Can someone give me a light of what is better or the pros and cons.Thank you so much.
Vidal Gonzales
Becoming an Agent
21 May 2024 | 4 replies
However, I would like to build connections and eventually start here in California.
Rob Blumenstein
Duplex Development/Construction Chicago Suburbs
21 May 2024 | 11 replies
I agree with Robert that it'll be a good idea to determine the type of build you'll want to pursue and also the locations where you'll get the best bang for your buck.
Account Closed
Foreclosure, Pre-foreclosure auctions.
22 May 2024 | 2 replies
You can offer to lend the seller money to stop the foreclosures. 7 or do a lease with an option to buy - making up the back payments that would be considered you advance lease payment.Always look at the property if you have intentions of bidding at the auction (this can be tricky because you need to do that with the owner's permission - do try to build a rapport with seller - also look at the foreclosure suit to find out what the bank is looking for and if there is a second mortgage or other liens.At the court house steps when the auction take place you need to be well prepared with your certified funds but more importantly you need to know the fast sale value of the property - you don't want to pay retail.Get to know your competition - there will be professionals at the foreclosure auction looking to capture some serious equity.
Ugo O.
Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
I believe that starting out, you would need to find an investor lawyer and accountant to help you set up the legal entities in both countries, then research your market, find financing, build a team, and so on.
Gregory Calloway
Contractor says I can't buy my own materials
18 May 2024 | 10 replies
The contractor will make the same either way .