Investment Info:
Single-family residence buy & hold investment.
Purchase price: $148,000
Was actually given money at closing from the bank. Had seller pay all closing costs and used 0 down VA loan.
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We closed on the sale of 30 units this week. A 24 unit complex and 6 SFR’s.
Couldn’t be happier. The units needed quite a bit of work, class C- or some might say D.
Easy to rent because poor people need a place ...
Today I dropped off a $200,000 check to pay off hard money we borrowed a year ago to purchase a 77 unit apartment complex. It was a great feeling to get that debt off our back!I have a couple lessons learned from our ...
Hello BP,I am happy to announce that I finally assigned my first wholesale deal in Florida and I'm very excited about it! But, now I have a problem that I need to tackle. I have my brand new LLC that I am using for th...
I have a prospective tenant who says they are building a home and would like to pay me 6 months rent up front.
I have heard (through BP podcasts) that I should be cautious about doing so. If he is building a home,...
Hello community.
I'm getting more and more comfortable running property analysis' using the BiggerPockets Rental Property Calculator. My wife and I plan to buy a duplex/triples this Spring and house hack on the East...
Just wanted to put some happy vibes out there I’ve been holding my breath until yesterday to see if my tenants would either message me or not pay rent on time April 1st, buy they all paid rent and I didn’t hear a peep...
I have some lots that I would like to transfer into an already formed LLC.How best can I do without spending too much money?Which is the best deed to use in my situation.Thanks
First time landlord posting here-
I recently purchased my first rental property in SW Washington (Vancouver) which had inherited tenants. We will be coming up on our first renewal together. The lease I inherited had ...
Thinking of purchasing a duplex. It is both for sale and rent. The rental ad states all bills paid. Walking the property I noticed there’s only one ac unit and thermostat in the bigger unit. Sharing one unit and all b...