Last year I bought my first multi-family (4-Unit) with an FHA loan only putting down 3.5%. I am looking to buy my 2nd Multi-Family but the lenders want me to put down 25% and on purchase prices around $200,000 thats $...
Hello,Curious is you would pick up a C class property with a 3% return, roughly?Purchase price 25,000 + $750 closing costs. 2 bedroom with large landing upstairs. Add one wall and a door, and it's a 3 bedroom. Clos...
I had my guesthouse on airbnb in Los Angeles. When it started to get a 90% occupancy rate I was shocked. So I put my front house on airbnb and stayed at my girlfriend's place. The front house is at 80% occupancy whil...
Hello Bigger Pockets! My name is JR, and I'm finally ready to dive into this and ready to get my first deal. I've been a PRO member for the past 5 months, been listening to podcasts and webinars, reading books, anal...
I've just received a quote to fix a 4x8 area of a kitchen floor following a pipe leak in the subfloor. The labor being performed is: Remove damaged woodRemove any damaged floor joistsRemove ceramic from 4x8 area to r...
I would like to see what others thought about the wisdom/perils of investing out of area for NNN lease type investments. Assuming a landlord could secure an investment grade tenant for a long term lease (true NNN w...
I'm taking a cursory look at a Boat and RV storage facility. So far all the numbers look fine and I'm wading through the due diligence process to get some hard data. The only thing I am concerned about is the distance...
Hi everyone. So like the majority of investors right now, it has hard for me to find cash flowing rentals due to appreciation + high interest rates. Therefore, my wife and I have decided to simply build our own prop...
So a couple of my friends are thinking of purchasing properties at foreclosure auctions and it sparked my interest. The idea of purchasing a home at an auction was really appealing but I am not sure of how well it pay...
Do you pay per box? By linear foot? And how much?