Hello, everyone. Just received word that my bid was accepted by HUD. I'm waiting for the contractor's estimate in terms of repair costs. It's in the lovely section of Pennsport in South Philadelphia. The address is...

So I've been doing tons of reading on this forum, listening to podcasts, reading articles, and running sample numbers on random homes for practice to get ready for my first STR.But the more I read into it, the more ol...

Hello,I am looking to buy a house in my subdivision and wonder if I can make it an airBnB?The HOA rule states, that lots are for residential use only? Does someone have any experience with that? Thank you for your fee...

Reading through some of the discussions, I'm seeing a lot of mixed views on wether or not an LLC is necessary for wholesaling. As I enter the final stages of preparation, my initial plan was to just create an LLC righ...

I purchased the property in august 2019, home inspection was good and pretty much everything wrong with the building(multifamily) was taken care of and fixed by licensed contractors before closing as part of the deal....

I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...

We have been looking at properties to invest in and have made some offers on the very  low side. We have not had any of our offers accepted or countered. Today our offer was countered. I like the price we started at a...

Hello Bigger PocketsI wanted to ask if anyone here has ever filed for breach of contract when a tenant breaks the lease without either due notice or paying out the duration of the lease and or penalty for same.I am co...

I'm looking into purchasing my first multi unit building.  Ideally, I would like something near San Francisco.  Currently learning how to evaluate a property properly.  Looking in the 1M price point or under which can...

Please any and all advice is greatly appreciated. My question is when dealing with a HML that's offering 85% LTV and I have a property that appraised for 770k very recently under contract around 630k. (85% of its curr...