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Hi,I have a lead on a 28 unit motel near Denver Colorado (actually in Commerce City). It's in rough shape, but the owner states that the units stay rented. They are about half 1/1 and half studio, all with kitchenet...
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Hello Bigger Pockets community!I'm Michael from Chino, CA which is in Southern California, right where LA, OC and San Bernardino meet. My background is in technology, having worked with and invested in tech startups ...
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Greetings, The entrepreneurial spirit has always been with me, but I was out of tune for several years. During high school I bought out a lawn service and grew it into a 50+ account business by the time I was 21, whil...
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Hello all,
I have been a Bigger Pockets fan and consumer for the past year. I just purchased a new home and I am turning my old house into a rental. I been using Zillow manager for everything and I created lease t...
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Does anyone have experience investing in Albuquerque? I'm concerned with the high level of crime and people not paying their rents on time. Is there a certain area you suggest over others?I currently live in Sherman O...
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I recently purchased my first property (turnkey) using a conventional mortgage. After purchasing it, I realized that saving up for the down payment (25%) every year is going to be a really slow way to grow my portfoli...
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Roof is not in great shape (hail damage), but is functioning fine and not leaking. Insurance will not cover a new roof since I bought it in this condition. Would you replace it now or try and squeeze a few more y...
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Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, h...
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I wanted to start a philosophical thread here with pearls of wisdom for those times when everything is just going wrong. :crying:
I'll start:
Stand up to crises. Don't let them throw you! Fight to stay calm... eve...
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Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...