Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Tom Bukacek
Influencing the BPO
I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...
Account Closed
Next evolution of Mobile Home Parks
Good morning all! I'm just curious if anyone has considered upgrading a mobile home park with tiny homes? I believe that tiny home is the next generation of a mobile home.Thoughts?
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Terry Lao
Seattle, San Jose, or Las Vegas - Hottest 3 markets
The 3 hottest real estate markets are #1 Seattle (median SFR $830k), #2 Las Vegas (median SFR $295k, and #3 San Jose (median SFR $1.1M). Based upon the percentage (%) gained year over year. The rankings can flip flop ...
Daniel Pessin
Landlords - how do you receive automated rent payments?
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Rob Flagg
Hello From Colorado Springs! Question about Multi-Familys for All The Experts
Hello Wonderful Bigger Pockets Community!
I have been lurking around BiggerPockets for a decent amount of time now. I was fortunate it enough to sell a successful business late last year and after discovering...
Joshua Dorkin
Why Haven't You Invested in Commercial Real Estate Yet?
I'm curious to hear why some of our successful investors haven't yet transitioned into commercial real estate?
If you haven't yet done a commercial deal, why not?