I recently finish renovating a house I purchase and the lady next door approached me. She is selling her house for 117K but actually owes 140K. She knows she has to pay the balance and is considering going bankrupt. N...
I bought a lot at a tax sale about 12yrs ago. I bought a number of lots that day and I've been sitting on them. I called an agent yesterday to get them all listed as the Builders are back. The agent called me yeste...
Hello Fellow NorthWest Brooklyn Landlords! We own & manage a few Multi-Family properties in NorthWest Brooklyn (Park Slope, PLG-Lefferts, Bushwick) which I've been managing without issue for the last several year...
Another one bites the dust! We closed yesterday and have officially sold off our 2nd baby, aka our 2nd flip. This project wasn’t nearly as extensive as our 1st, but it was very fulfilling and still learned a ton. This...
Let's say the quick and dirty is, I (like so many) investors had taken too many courses from national speakers in TX, FL (and everywhere NOT in New England), and had still not done a deal. I forced myself to do a dea...
Just thinking out loud here and bouncing some ideas around. Would love to know what everyone thinks. I live in NorCal and buying local is not a viable nor smart option. So I've been planning on purchasing out of state...
Hi,
I was wondering if it was a good idea to lend money from a HELOC on your primary residence?
My thinking is if I own my primary residence free and clear, I take out a HELOC and use it to invest in le...
1) Which markets have the best ROI as of right now as well as properties (SFR, condos, townhouses) that are still considered reasonably priced? I'd like to use an available $400,000 in cash and diversify into multiple...
Over the last several months I have been researching and preparing for the local Wayne County Tax auction. The Auction wrapped up yesterday and when it was all said and done we only purchased one property. Here is a q...
Hi all!Just want first to thank Biggerpockets. These podcasts (which are so down to earth compared to those self-proclaimed guru's **BS** out there) have played a large role in keeping me motivated for the last two ye...