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Hi Guys,I have been on BP for a year and a half now. My wife and I currently own two SFH rentals in Sacramento and Parma. We stopped making offers on SFH/MFH because of offers kept on getting rejected (Parma/Lakewood)...
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Hi Friends,
Here's the sitch. I have a duplex in a prime location in San Diego. I run both units as an STR and make good cash flow (~$30k annually) but it is fairly labor intensive. I purchased the home for $720k w/ ...
Hi everyone I'm new here so sorry if this is kind of a drag. I am currentlly a high school student. My parents are well off people but work regular jobs in hopes of retiring at the usual 55-65 range. I came across the...
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We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing. Is there anyway to do this wi...
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I've been trying to get a bank short sale under contract. It's got an ARV around $220, rehab costs around $40. I put an offer in that was about 12% over asking (acceptable for this market), but still left room for p...
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Hi everybody,I recently discovered the Bigger Pockets podcast and became an instant fan. I am new to BP and real estate investing in particular. I have done some research as well as read some books to familiarize myse...
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I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would...
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I know it's a million dollar question, but could one show a real-life example of a good deal in the bay area? The reason I am asking is that I've been scourging redfin and zillow for Bay Area properties and I cannot f...
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Hi everyone,I am a 23 year old that has a day job but is looking to begin buying/renting out properties on the side. I am not afraid of hard work but I also want to work smart as well. The two things holding me back...
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HI Everyone! I am a beginner although I've watched my dad invest in a few properties in NYC. I am looking to venture out and purchase my first rental. I am unsure if I should invest locally (within NYC) given that it ...