Griffin Malcolm
Getting Bids From Contractors
How do you guys actually go about getting bids from contractors for rehabs? Is it before you buy or after? Seems risky waiting until after the purchase when holding costs will start to pile up, but it also seems silly...
Account Closed
I saved $10K. What are some realistic options?
Hello BiggerPockets,I'm new, but I'm hoping to become a regular. Some quick background on me, I'm in my late 20's, single, work long hours, and am currently purchasing a single family home. I recently refinanced my pr...
Larry Fullard
1st Multi Family Purchase
Hi guys i just got Approved for 530,000 to purchase my 1st Multi Fam in the Phoenix AZ area. I'll be using the FHA loan to get it done. My lender covers Appraisal and Closing Costs. Im meeting with my Realtor who spe...
Kelvin Hamilton
I'm a newbie and I'm stepping out as an action man towards my first deal HELP!!!
Hi everyone,So I'm new, but motivated. Today I have set up an appointment to look at a property that is zoned for 4 units. I am an architect with experience and my forte is: I can design well with small spaces (I'm ...
Jeffrey Yates
Bank rejected offer due to financing
*First post - exciting moment for me* Hello, BP! Thanks so much for all the information, already! Amazing community, now it's time for me to participate. Here's my situation:
I've found an REO property in ...
Aaron Howell
Offer on a multifamily that doesn't cashflow currently
I'm looking at a 8 unit at a $270,000 price. Income is about $33,000 per year, expenses are about $30,000. Market rents are $250-300/month under market for the area so basically the owner shows a small loss on their...
Kal Stevens
Section 8 2 BR voucher for 3BR unit
I have had a property for 3 years, handled by a property management, in Oakland, CA and is under rent control.And we just noticed that one of our tenants (who was placed by the old owner) has a 2 bedroom voucher but w...
Leo B.
Indianapolis Receivership Program 2016
Hello fellow Indy investors,I was talking with another local Indy investor and heard that Indianapolis is instituting a receivership program in 2016. I think this is a positive move for the city and will help clean u...
Craig Markhardt
Value-add 19 unit with 24% increase in gross income planned
Investment Info:
Large multi-family (5+ units) buy & hold investment in Mitchell.
Purchase price: $850,000
Cash invested: $212,500
61,000 SF Retail & Multifamily, Mixed-Use, value add propert...
Raj Kumar
Looking to take the next steps
I've had a lot of help given in these forums and feel far more enlightened to take more ambitious investment approaches (not risks anymore :) ). I was traditionally looking at my local state and thanks to these forums...