I am straight out of college and interested in purchasing my first rental property within the year. I was wondering what expenses do I need to expect? I know some of the more obvious ones such as mortgage, insurance, ...
I have an opportunity to obtain an 8 unit building where the owner is willing to finance. The building is currently 100% occupied. Here are the numbers:
Purchase Price: 249,900 financed @7% I/O for 30yr term
Gross...
The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
I'm trying to figure out how specific most invest...
I'm trying to flush out my conference schedule. I was going to use BP's message system and contact people directly, but unfortunately the PM system on Bigger Pockets has a very aggressive spam filter. It's makes it im...
Hi Bigger Pockets Community!!I wanted to take some time and spread some good cheer during the Holiday Season.... My Company Memphis Buy and Hold/DCC RENTALS LLC wanted to spread some Holiday Cheer to some of the tenan...
First let me start out by saying I have a hard enough time remembering the truth, but wow - this was one heck of a ponzi scheme. Why am I posting this:1. This was done in 2018 - 2022, when real estate was doing very w...
Hey guys.I just got my first house under contract (!!!) and I'm equal parts excited and terrified. As a result, I'm turning to the Bigger Pockets community in the hopes that I can get some outside opinions on what the...
I purchased my first investment property in Chelan, Washington in December of last year. It is an owner contract deal, no agents or lawyers involved. The seller is a neighbor at another property that my boyfriend owns...