About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
In the process of purchasing a 6 unit complex and the rents have not been raised in years. 4 units are 2/1, one is 2/2 and one is 3/1. The rents are as follows...
2/1 - $425(been this price for 15 years), 2/1 - $600...
So the weirdest thing has happened and would love some insight from those of you who work the foreclosure process.I bought a condo that was going into foreclosure. I got a cashier's check for the wholesaler to take t...
Hello everyone, Firstly, I have been lurking for a while now and have gotten incredibly useful stuff from here and I cant thank you enough for that.
I am a newbie investor who just bought a rental property this summe...
While using the site Zillow to browse for multi family investment properties I have noticed what they call their "Zestimate." (their estimation of the home's value) I would like to know how useful other investors hav...
Hi Team of Memphis Investors, Experts and Property managers.I'm doing some research prior to jumping in to the market and seeking to confirm what is the rent growth trend in Memphis. it is known that Memphis is more o...
I've been searching for a rental home for a while now. Finally found one that fit all the criteria via Westside Rentals (I'm in SoCal). There were 2 numbers listed as contacts, for "Rob" or "Katy." Rob did not answer;...
it looks like a hopless situation for me.I had all of my life savings put in Yucca Vally short term rentals In early 2022. got 4 nice villas at 20% equity. then 2 things happened: rates went up and demand for vacatio...
For my first investment out of state...Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home and reuse the 75%...
Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...