My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
I am looking to make an offer on a 9 unit in my farm area and I need a little bit of advice. It is in a B- part of town that is quickly transforming into a sold B and potentially a B+ in the future.
The askin...
Full Disclosure - I am a lender myself, however I am curious -What do you all look for in a lender when going to finance an STR? What attributes are most important to you? What have been your biggest pain points while...
I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...
For those of you reading this is a bit of a rant/story, followed by a couple questions. Please let me know what I SHOULD have done in this situation, so I can know better in the future. Thank you for reading. Th...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
I know I know this has been asked a ton of times before, however, in the current market, what are some realistic cap rates for fully turn key (managed) properties (multi units/apartment block) one could achieve as an ...
Hey BiggerPockets, I’m here for any advice that you can give me on my current situation. I recently purchased my fist Duplex property in July 2021. The property seemed like a great investment with minor cosmetic issue...
This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...