Have been offered an off market deal through a private money lender. The lender has offered us a property that another rehabber has defaulted on. The owner of the property is in jail and the lender plans on assigning ...
Hi Everyone,Due to the extent of the flooding disaster in Houston, there are going to be a lot of flooded homes. What is going to happen to them? There are going to be many distressed sellers. Many homeowners will wan...
I have an apartment complex (150 units) in Texas that was offered at great discount from a Seller that was in default. The complex was up for foreclosure today (1st Tuesday -March).
I got offered ...
Hey everyone, I haven't posted about it but I closed on my first duplex in February & now I am so happy I can finally call myself a rental property investor.But sure enough Into my first month I learned this one t...
Hello! My property manager is telling me I need to upgrade the electrical panel on one of my units from 100 to 200 amps - the cost will be around $4k. For reference, the unit is a 2/1 and around 1000 sq ft. It is half...
Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
I live in the Denver Market and have a buy and hold property in Boulder. I am looking to grow my portfolio but having trouble wrapping my head around the metrics of making the cash flow work in the Denver or even Fro...
Hi everyone,I'm still learning how to navigate the BiggerPockets site and forums, so this is a new realm for me.I am based near Bangor, Maine; about two hours north of Portland. I am in the process of looking for a 4-...
I'm doing my research and I came across wholesaler who said if the buyer is requesting an inspection, they aren't a real buyer, probably just a wholesaler trying to scope the competition or lock up your contract. I'm ...