Hey, I just purchased my 1st rental property a couple months ago. In June it will be 6 months since the tenants have been in place. I would thinking of doing a 6 month inspection at the property. What u guys think out...
I am looking at a 32 unit right now in Milwaukee, the buildings (there are 3) and units are older, but the place could be spruced up a bit. It is right on the edge of a neighborhood that is up and coming, median inco...
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
I'm new to Real Estate investing. I'm based out of bay area, California and the real estate here is really pricey. I'm looking at investing in small multi-family properties. It's pretty hard to find a cash flow gen...
Hi everyone, I was just reading through this article today,
http://www.biggerpockets.com/renewsblog/2013/01/16/how-to-lose-money-flip/?utm_source=BiggerPockets+Newsletter&utm_campaign=65d81ad5e0-January_17_2013_...
First a simple question.. Is it true that Interest-only loans are only Commercially backed and more than 750k?Is Seller-financing the only other way? My perspective is that an Interest only loan would be among the bes...
Hello BP Fam! Typically not active in the forums but wanted to take an opportunity to reach out for all of your fantastic advice you guys usually give. My wife, brother and I are really looking to scale with our RE in...
Hi BP family! I am just starting out and put my first offer in on a condo that needs minimal to moderate rehab in my hometown of Marlton, NJ. I am planning on house-hacking it for about a year before hopefully movin...
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose. M...