Hi all, relatively newer RE investor here.

There are a TON of incompetent "mom and pop" landlords out here and with a 5+ unit property the value of the building is directly related to rents (ie more rents = more equity to purchase the next property). 

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

Hello Folks,I am a relatively new member here on BP and completed my first new investment property purchase in Pflugerville, Austin (TX).

You would need to put that in the marketplace if it is allowed.Any questions related to that send to [email protected] retail commercial investing it is a highly specialized niche.

This is in part due to low appraisals often associated with refinance and in part due to the relatively low LTV on investor refinances.Here is why San Diego is a great BRRRR location:The rehabs have a high rate of return. 

@Patrick Daniel thanks for the encouragement. i think the competition is increasing because as we approach the summer time, it'll be difficult for me to be competitive. i think i'll be more aggressive come sept-oct. that said, i know i can't use the traditional 70% rule since i'm not going full rehab and rather going the route of livable+small rehab.after hearing a few podcast episodes of bigger podcast, the double close made more sense and jotted some notes. the wholesaler/buyer's list route will require more research on my end especially as it relates to those with a conventional loan. great point to bring it up!

Once we fill up this vacant unit with this smoker that moved out we will be evicting one tenant in May as he is a chronic late payer. 

But when two related parties (for example, parent and child) do a real estate transaction, the IRS takes a close look at the price to make sure there is no tax evasion going on (for example, a reduced capital gain for the parent from the sale of the family home to the child).

I require everyone over the age of 18 to complete my screening.