Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Zach Bollman
Purchasing Out-of-State Notes
Hello all,
I have been investigating notes available from MLS and other sources, but am a bit reluctant to purchase a note that is outside my state. My concern is working with the borrower should the note become non-...
Mark Gallagher
Diary - Buying a non-performing note NPN from start to finish
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
Nathan Gesner
Why is unpaid rent so high?
I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...
JC Wu
Roofstock review. NEWBIES BEWARE!!
Looks like most of the reviews or case studies on Roofstock are about the closing process. I suppose since the vast majority of investors who’ve purchased properties from Roofstock use the properties as buy-and-hold r...
Bryan Gambina
Getting extremely frustrated with contractor quotes
Hello all, I am new to Bigger Pockets, but I've been involved in a rehab for over 3 years now. I'm in a 1,800 sqft SFH rancher. I gutted half my home and put an addition on, and as I tore everything apart, it becam...
Morgan Madill
Crash? Crash?! CRASH!
With the employment hitting record highs the stock market going through the roof, the fed pumping billions. There seems to be an impending crash or serious market correction on the horizon. What goes up must come down...
Michinori Kaneko
Property manager pocketing late fees
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Francis A.
Californians aren’t leaving the state en masse — but they are lea
Californians aren’t leaving the state en masse — but they are leaving San Francisco, study sayshttps://www.latimes.com/califo...
Alex Varner
Contractor requesting 50% Upfront
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...