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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
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Hi All -
Wanted to get some advice on a situation where a tenant (who is also real estate agent), have a notice of move-out (Dec 20th) which we only received today (post marked dec 5th), requesting that as per RCW 59...
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Hi, I'm new to these forums and was wondering about my first tenant eviction.Background: I don't own the property, but my aging parents (owners) want help managing it. The intention is for me to "learn the ropes" and...
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Hello, my name is Craig. I am trying to take my interest to the next level by creating an account here on biggerpockets.com, and dedicating my free-time to learning as much as I possibly can about real estate inve...
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http://www.dailydot.com/opinion/millennial-parents-poverty-internet-scapegoat/?fb=dd+eg
This article has been popping up on my news feed on various social media sites because my peers identify with it and share the l...
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Hi Everyone!
A couple of months ago, my cousin introduced me to the Bigger Pockets Podcast. The first one I listened to was Episode 327 where Brandon and David talk about the BRRRR strategy. I was hooked. Every day w...
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Hello Bigger Pockets community! So I'm still brand new to REI and just finished reading Set for Life and am now finishing rich dad poor dad and also just started finding and finding great deals. So I've made the decis...
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Hi all,
So I am about to begin my direct mail campaign and I am planning on going the postcard route, at least at first and I have an opinion question for those who have had any success with direct mail.
I'm a firm ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,300,000
Cash invested: $200,000
Single Owner 1970's build, Class B, 20 unit apartment complex with garages...
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I am looking at a sub2 deal with the following details:1) Motivated seller that understands sub2 deals2) 1st mortgage with rate of 2.75% 30 year ARM (loan is current)3) 2nd mortgage (originally a HELOC) has been in de...