“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
One of my partners called me yesterday. He said he had a lead from a wholesaler on an 126-unit in good part of the country that we should take a look at...The marketplace really is quality - a stone's throw away from...
My family and I got into short-term rentals this year and we thought things were going well but since the property was several states over, we had to rely on a virtual property manager. The one we chose was Evolve.I k...
Say I have $200k to invest in downpayment s and purchasing MF buildings. Seems like the larger unit buildings don’t have as good of a return? I plan to be in this situation by next year, and I don’t know if I’m bett...
Market is strong and continues to improve. Everybody likes speculate on how long the rally will last, how much steam is left in the market, and how bad next crash or correction is going to be. It is entertaining but l...
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
I want to get back into the property investment business. I used to buy and flip SFRs until the bust came in 2008! I lost all my properties. This time i want to invest in Multi family apartment rentals. The most impor...
Isn’t owning a MHP where you own the mobile homes and lease them out just the same as owning an apartment complex but with the greater problems of maintenance, low end tenants, etc.? Isn’t the advantage of MHP owners...
BackgroundI have learned a lot from people on the BiggerPockets boards and I wanted to offer some of my experience in the hope that someone else could find some useful information. I started following the real estate ...
Hi BP CommunityI am looking to teaming up with a reliable contractor for my rehabbing homes business, but are contractors reliable now a days?What do you look for on a contractor you plan to work with?Is it fair to sa...