I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...
Without boring everyone with the story, I'll keep it brief.I had a house that went under contract mid June (never listed it on the market). All inspections/appraisals took place. Come mid July (original closing date),...
Tenant does not let me come to house and fix any issues. The house failed inspection due to GFCI outlet not working.What should I do?Asked atleast 3 times and says he is not available. Gave him time for today at 11 an...
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...
I am New-ish to Bigger Pockets, and would love to connect with the community here.The idea: move from single family homes into commercial real estate... specifically multi family.The Goal: generate $20k/mo in cash flo...
Hi BP. If I have a rental property (Let's say a 4plex) and the market crashes, what's the big deal? Won't I still have my tenants in there paying my rent every month, thus I'll still be getting equity in the property?...
Hello Fellow BPer's,I'm looking for feedback and info on "Ashcroft Capital" out of Texas. I may invest in multi family syndication deals that they do in Texas. Any feedback would be appreciated.
I am looking into purchasing a single family home ,and converting it into a duplex ,and a 2 car garage into a ADU what type of loan is recommended ?
I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...
What do you think is better in a kitchen? When I say better I am mixing together appearance, cost, and durability. This is for a rental property, not my own.a. hardwood floors (refinishing what is already there)b. til...