Right now I'm a 3rd year university student working a part-time job (25-30 hrs per week during summer and 15-20 during academic year). I only earn 12-13k a year before taxes. I only opened my first credit card a coupl...
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Hi, my name is Steve. I am a Jr. High School teacher of Engineering and Technology. My wife and I own six units so far and our goal is to invest in both buy and hold and flip properties. We are looking in the Katy, Wa...
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I'm curious if BRRRR ("fix & rent") works in the Jax metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then refi...
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We are considering the purchase of a 50% occupied office complex that is an REO. About 30,000 sq ft total rentable sq footage. It is class B+, the existing tenants are very stable and medically oriented. We'd like to ...
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Hi BP'ers I have a goal that I have written down and looked at everyday (saved on my phone as my background screen). I was told to dream so large that it would scare me. As of today here is the goal I am trying to ach...
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Hey Bigger Pockets Community,I'm currently being faced with an interesting dilemma and wanted some input. I work an OK 9-5 office job at the moment and have been presented with a few options. I've had an offer of anot...
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Hi, as I'm starting to look at MFH I'm trying to understand how to properly value a property. I know about the 'cap rate' calculation but when I talk to my agent, he's giving me different numbers for value. He has e...
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What approach would you take with this situation? Looking for someone to give me an example of how they would start into building a large long-term multifamily rental portfolio.Current available liquid ready to inves...
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I'm new to this and have 2 units, a 4 plex and a duplex. All my tenants came with the purchases. This one had the father of her 3 month child picked up by INS and he is jail. They are not married, but both on the l...
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I am buying my 2nd live and flip (~300k) and want to use another 3% down conventional, I also plan to get 4-5% back in seller credits at closing meaning I will need maybe 1% of purchase price in my bank at closing aft...