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Hello, we have been unsuccessfully trying to sell our house and have recently been contacted by a couple wishing to rent to own our home. She is recently out of a three year college program and her husband is less th...
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Hi All- So I got approval for $200k with 5% down on a duplex or 10% down on a 3-4 unit, I have the 5% down but the 10% will take a decent amount of time to save up. Also needs to be owner-occupied but the lender di...
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From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
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Hi everyone, I just discovered this fantastic platform, and I am curious how you all are thinking about this. For my first home purchase, I did a conventional bank loan through a top big bank. I lived in the property,...
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Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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Hey everyone! First time poster and rookie here planning to jump from two to eight units. I am humbly seeking advice/constructive criticism ahead of my small multifam new-build project plan in mid-2022.
For context:...
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I'm preparing to list my first mid-term rental (and first rental overall) shortly! Is it normal to require renters insurance for a mid-term rental?
Hey guys I’m 23 , licensed real estate agent and want to be an investor , please don’t look to much into my question if it makes no sense as I am new and just want some quick insight . I started reading books about fo...
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Investment Info:
Single-family residence buy & hold investment in Syracuse.
Purchase price: $238,000
Cash invested: $60,000
Just closed a few weeks ago on a package of 4 SFRs in Syracuse, NY. Pr...
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Hello, I am going into my third year of college and will be graduating in May 2024. I recently found Bigger Pockets and learned about how life-changing real estate has been for so many people! I have spent the past se...