Hey everyone,So I am in desperate need of some help, just purchased my first property at auction and I think I went way in over my head. Here are the numbers: I purchased the property for 98k as is, It is a nice two s...
I have a home listed for 11 days and I’ve had zero offers. It’s a flip so the home is fully renovated. Given that it’s a sellers market I assumed as soon as the home listed, the offers would start pouring in but nope...
I want to hear from people who have these as their only source of heat. I have a forced air furnace that is on its way out. I would like to install electric wall mounted heaters in all the rooms and pass the cost of h...
Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...
I have been offered a free property ($1) in a very rough part of Philadelphia. The property is a boarded up shell. I'm trying to figure out what risks I run if I purchase this and sit on it for the foreseeable future....
Im looking to make my first commercial purchase a fast food restaurant with a new 20 year lease term at $1,575,000 and a 5.75% cap rate so around $90,000 of annual rent. I have a decent income tax wise $180,000 or so,...
Well, after seeing all of Sammy B’s post, i thought I’d start my own to keep track of how I’m doing. My goal is to retire by 50. I’ll be turning 36 soon. If I can average at least $300 a month per door, then I figure ...
I found a 10 Unit apartment (6 2-bed, 4 1-bed) that had been sitting on Zillow for more than 6 months! I added it to my portfolio December 1st. I knew the area and market, drove by and did some basic numbers. The f...
As a new rental owner, I'd like some feedback from tenants. In the last 3 weeks, I've had 25 people make appointments to see my rental house.
I've confirmed with several the day before. I also ask when making the ap...
Hi all, I'm a newbie to Bigger Pockets and have 3 questions that came out of the 90 day challenge webinar. Here they are:-How can I estimate reno costs if I don't have a clue on prices and I don't bring in a contracto...