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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $513,000
Cash invested: $300,000
Bought a .56 acre property with main house and ADU for STR. Cosmetic updat...
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My tenant just out of the blue asks “are you free today to install my new kitchen faucet and shower head?” No prior notice about any issues with either item. Forget about them wanting it done “today” for the moment, b...
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Hello!My name is Diego, and I live in southwest Texas (~150miles away from San Antonio) and I am new to Real Estate. I got to BiggerPockets by a co-worker and since then, I have been listening to podcasts, reading thr...
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Hey BPC!
So i have visited two properties today and they were one of my preferred ones based on rents/location etc. Heres what happened:
Property 1:
Listed for +100k so i expected something in gre...
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I am looking at my first property in the Dallas market. The property basics are:
Purchase $70k
Rental Comps $1000 - $1200
Sale Comps: $100 - $130k
Repairs appear to be cosmetic in nature but house...
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Hello,
I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and ma...
Hi All,I am looking to get into my first house hack. It is a 4 unit that needs a lot of cosmetic upgrades. I wanted to go with an FHA loan, but due to the self sufficiency test, the current rental rates do not pass th...
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Oklahoma City continues to be hot spot for long distance investing. Why OKC? Great Question and I always ask my clients why they chose OKC. Here are some of the answers I continue to hear.
1. (Number #1 by a large...
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This question is about wholesaling, but is directed at the rehabbers as to what you want/need.
A brief background about my strategy; I do this part time and have done 3-4 profitable wholesale deals over the past yea...
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We potentially found a really good deal. We are going to have contractors look at it to get an idea of what needs to be done but at first look it needs a complete gut then new walls, fixtures and appliances. It will...