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We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
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Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do n...
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The benefit of the VA Loan is that can you put can out zero down, but that means higher monthly payments and near zero cash flow. It also means that a majority of your payments are going towards interest and and not ...
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Hi everyone,I'm in contract for this property with a couple business partners. Inspection came fairly clean, but as you can see there is plenty of work to be done. I'm in the process of collecting bids from GCs, but t...
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Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
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Has anyone ever run into this issue and how do we navigate it? We bought our first BRRRR deal as a bank foreclosure. Took weeks to clean it up and months to rehab. We fixed it up and put tenants in it and got an appra...
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Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
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Hi guys,I have a question about the tenant who lives in one of my rentals in Phoenix. I told her I want a long term tenant because I dont want to change tenants every year or so... She was ok with that, but we did onl...
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Hello everyone! My name is Andre and I'm a novice real estate investor. I actually used advice from Bigger Pockets a few years ago to purchase my first rental property. So here is my dilemma. I'm looking...
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I have a duplex I offered on. It went under contract twice with both buyers backing out due to inspections. The LA provided both inspection reports, and to my very untrained eye doesn't look like anything major. They ...