Eugene Thompson
Update: Need suggestions, advice and more...
So the homeowner I wrote about this morning told me the whole story. Fiance needs to dump property; she's in over her head. Home would need all of the equity it would have if it was in good shape to rebuild and fix...
Ofir R.
50K Cash, DSCR loan, where?
I got 50K sitting aside. I wish to use it for an appreciating property. I don't like stocks etc. Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to in...
Rosette Poole
Quick Introduction - New to Bigger Pockets
Hello all, I'm a new investor but seasoned with real estate as a Realtor and former Property Manager. Looking forward to learning all I can about fix and flips as well as buy and holds.
Joseph Hennis
Best cities in the country for appreciation AND cashflow
My strategy thus far has been to find properties that cash flow $300-500 a month in areas that appreciate. While the cashflow I have earned thus far has been mediocre ($3k-5k/yr for last 5 years), the appreciation has...
Jordan Szabo
looking to buy fist rental, considering Lansing, Michigan
Hello BP community,
I’m a brand-new member and I’m looking to pull the trigger on my first rental property soon. My primary residence here in San Diego has a lot of equity and I plan on getting a HELOC to pay for my ...
Keazy Moto
How to Analyze whether or not to build a 2nd detached unit
Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!Background info- 1.Fiancé and I want to build wealth through real estate2.We look into purchasing our first home as a duplex in 20173.J...
Peter Fokas
Looking at 4plex that records show was built in 1785
Looked at a 4plex that records show was built in 1785. Went through house and condition seems decent. Its definitely an old house but does not seem that old. Perhaps more like 100 years old instead of 230 years! The n...
Nathan Hall
Buy and hold scenario.
I have a 3 unit, 1,968 sq foot unit under contract for 140,000. Fully tenanted, and rents are 1,800 total a month (2 month to month, one locked in on a lease at a low 525). 25% down obviously makes the deal that much ...
Carrie Matuga
Clickbait headlines or are you worried?
According to Redfin, In the West, the median asking rent dropped 1.1% year-over-year to $2,469 in August. In the South, the median asking rent fell 0.3% to $1,673. However, the median asking rent rose 4.6% over the sa...
Cameron Philgreen
Where do you store your security deposits for growth
Random question! It's just recently occurred to me that I'm regularly holding $10k+ in security deposits. I'm sure many of you are holding $50k, $100k or $200k in security deposits. What would be a good place to pu...