Liz Kazeva
SWFLA - I have short sales, foreclosures, etc
23 December 2015 | 8 replies
Hello Liz...always willing to keep the door of opportunities opened!
Jesse M.
Contacting owner of off-market and expired listing
25 November 2015 | 1 reply
@Jesse Meader Try knocking on the door.
Jeremy Swyers
Hello BiggerPockets!
25 November 2015 | 2 replies
Straight out of high school I served in the military and then spent the past 10 years working in IT.I have finally reached a point where I’m tired of working for the corporate industry on a limited salary while doing nothing for my retirement.For the past year I’ve been watching house flipping shows and decided I wanted to give it a try.Six months ago I bought my first house with a 203k loan that I’m currently living in so I could get some experience.I paid $167,500 for the house and took out $35,000 with the 203k.The house was a probate that had been abandoned for 5 years.Half the house was on a concrete slab that had sunk about 4” in the middle and it was completely outdated.We removed 2 load bearing walls to open up the kitchen, knocked out the back wall, built a new subfloor, and put up a 4 panel sliding glass door to let in some sun light.We installed porcelain tile in the kitchen, stainless steel appliances, new cabinets and quartz counters as well as recessed lighting.We fixed the foundation problems by mudjacking to raise the floors and carpeted the back 3 rooms that sat on top of the slab.As you can imagine we ran through the $35,000 quickly.The 2 bathrooms are still outdated and the house needs new siding.After the renovation we had it reappraised (per the 203k loan agreement) and they said it was worth $215,000.About 3 months after the renovation I attended a 3 day Fortune Builders seminar and come to a realization I probably could have saved about $20,000 if I had systems and processes to follow before I purchased the house.After listening to BP podcasts and hear other people’s experiences I’m quite fortunate I didn’t lose money.This sums up my real estate investing experience.
Jace Im
Hello From Orange County
4 December 2015 | 13 replies
But since I was kicking money out the door every month for rent and because I could get in the property for a measly $15k down + $10k repairs, it was as no-brainer.
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
11 December 2015 | 22 replies
I have two young drivers and cannot get an umbrella because of it so we have higher independent liability policies for now.
Han Oh
Buying a 2nd lien note with owner in bankruptcy
5 December 2015 | 33 replies
I drove over, knocked on the door, the guy answered, I'll never forget the look on his face!
Jill Clark
New landlords of a 4-plex
29 November 2015 | 9 replies
I would suggest knocking on doors not sending a letter.
Christian Bors
Tenant's friend almost attacked me (move out inspection)
30 November 2015 | 53 replies
Then tried to open my door.
Ryan Redmond
Neighbor passed away. House is vacant. Potential flip/wholesale?
4 December 2015 | 21 replies
About a month ago the sweet old lady next door passed away.
Samuel DeMass
Denver- Garage with unit above to rent out? How much?
7 June 2019 | 39 replies
Then jump out of your car and knock on the door to find out who the builder was.