I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits).   I think the margins will be between 10% (no refinance and ...

Hi am planning to switch from a property manager company for long term tenants to RentRedi.Can you share some tips if you have done this before? 1. How did you handle things like moving the lease over? Did have the te...

1. "Arnie, you're better off working with the tenant you've got than not knowing what you're going to get."2. "Don't boot them out, just keep raising the rent."Similar advice, I know...I've got a problem tenant, relen...

Hi BP peeps,
I like to get people feedback on a decision I've been. So recently I refi my house ($30k), money was to purchase another investment property. But pricess seem to  be kinda high in the last Vegas area, so...

Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...

Hello everyone!!! My name is Juan and i am brand new to the bigger pockets community. I am newbie to the real estate game, but will be closing on my first 4 family unit November 25. The property is in Rhode Island an...

Hi Bigger Pockets Mentors,
Recently my condo had a vote for a reassessment of the property. If majority condo owners vote in favor of the reassessment, then each owner will be forced to pay 50k to improve the buildin...

Stories..?

Hello, I am an investor, new to real estate, and I have a few questions that I haven't seen answered here in the forums yet (apologies if I missed things, I haven't read everything yet).  My questions mainly pertain t...

have an opportunity on a 3/2.5 condo in a solid growing area.  It is currently rented and owner wants out of it due to hassle with tenant.   It's worth $130k and current notes are $125k.  1st loan is an ARM loan at $1...