I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
Hi! My name is Noelle and I'm an investor on Long Island in NY. My husband and I started investing a year ago and found some pretty great deals. Specifically, we did one flip and two BRRRRs, and we're on the "refinanc...
Like the title says, I have recently discovered Bigger Pockets and am so excited to have found a community/forum of likeminded investors!I have been “flirting” with the idea of Multifamily RE investing for 6 months no...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
Hi BP family,
Please help me understand, why using an agent in the deal makes sense?
I have been flipping apartments for the past few years. Now I got a job as a real estate agent in a small local real estate compan...
Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...
Over the past year, I've been educating myself so as to get my investing start, most like with single family buy and hold. I live in San Diego county, so I've tended to focus on starting OOS. Initially, I was looking ...
My situation looks like a new investors dream deal on the surface. A 250 unit apartment, with owner financing that currently cash flows. The rents are well below market and the complex needs about 750k worth of renova...
At a private fund raiser ( Bush was secretly video taped on a cell phone ) Bush JOKES about Wall Street and the housing meltdown. The video is now on the internet.
He really sounds DRUNK him self!
http://news.bbc.co...
I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...