My banker gave me a call and said the bank had repossessed 100 homes from a group who was buying them for cash for under market value, refinancing with the bank at market value, and using the equity to buy more. Event...
Hi everyone,
I'm relatively new to wholesaling and am looking for some advice. I operate out of Northern Virginia and have been targeting areas here and in southern Maryland (near Washington DC). Despite cold texting...
I'm new to the real estate world, but happy I'm finally diving in.My original plan was to wholesale, as I don't have the capital to purchase and rehab properties, but the more I read/learn/absorb, circuits in my brain...
I'm currently interested in a 20 unit garden apartment for sale that is listed at a reasonable CAP rate. My issue is that the property is owner managed and the NOI provided is based on expenses that would not be r...
Officially my first BP post. Really hoping not to get booed off stage…My experience to date at acquiring large multifamily properties, raising private equity, executing asset management strategies, then exiting the d...
Hello! This is my first Bigger Pockets post. We had a qualified renter apply to rent our home, and she emailed asking why we rejected her. She's surprised that she's having such a difficult time finding a place to ren...
Hello, everyone. I've wanted to get into investment properties for some time, but am finally looking to make the switch. I just wanted to run some numbers by everyone and get feedback on if I'm missing anything.First,...
https://www.reuters.comHowdy BP,I just want to start a general discussion about current real estate news and trends, and think input from all the savvy investors would make an interesting thread. Forgive me if this di...
Hi everyone. We currently have 2 rental homes and both are completely paid for. The rental houses have a combined equity of $725k. Also have $100k in equity in the house I live in. The 2 rental houses bring in $1900 a...