Closing on first rental property April 17th. I am very excited but I know I have a TON to learn from you all. All of your advice is welcomed. Buying in Desoto Texas home is almost turnkey my contractor says home will...
Hey guys, I have a situation. I bought a condo, which I thought I could flip. My project manager/mentor was advising me on the deal and kept insisting that I should gut and remodel the entire place because its value w...
One of the most important things that I'm learning is how important tenant screening is. That idea leads to my newbie question of the day:
What is your screening process? What are the things you're looking for in a...
Hello BP Community! My name is Matt and I am a new real estate investor from Northeast Pennsylvania (Wilkes-Barre suburbs). I was born and raised here and continue to call it home. I live here with my wife of 10+ year...
I'm sure we all heard a lot of quotes or sayings from another Investor that you thought was the dumbest thing you have heard!I'm sure this will help others because you can learn a lot from those quotes!Here is a few:-...
Hello every one, I'm trying to analyze an existing property that I've owned for the last five years. This is my one and only property and I need to make sure I'm not fooling myself about how much cash flow there is ...
I've been working with investors, and some prefer to do minimal work, while others prefer a blank canvas or a full gut. I'm curious about the reasoning behind the choice of renovations. Are there better returns for a ...
Hey Bigger Pockets,I've been evaluating a 4 plex these last few weeks and I can't decide what to do. (this would be my first RE purchase). The basic numbers are this:Negotiated purchase price: 336,000FHA monthly pa...
We are in the middle of a rehab and the contractor is removing part of the ceiling to add support beams and open up the kitchen. While looking at the space today, I realized half the ceiling is already ripped up, and ...
I am looking to get into my first unit which happens to be a duplex. The Asking price is $79500 and the units are currently renting for $550 and $375. I am looking to put 20% down on the property. I have analyzed the ...