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Dear All,I'm considering doing my first BRRR but I have a question regarding the BRRR strategy while having a high DTI and I'm curious to know how others have handled this predicament. According to the bank I'm work...
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I'm considering this deal of condos in this very distressed building. By buying the condos I will have a large stake of the building and the other investor owners have said they will sell me their condos, which mean I...
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I feel that it is time to shop for new homeowners insurance for my properties. Which company are you using and why? My homes are near Atlanta, Ga.
Thanks for reading! My dilemma is whether it makes sense to use a self-directed IRA (check book control) for the following deal:Purchase price $117,000My current IRA (not yet rolled into a self directed account) if $...
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Well as investors we are always looking for our next deal. This time it has come in the form of a Four-Plex in Columbus county NC. All the units are being rented out and we are at a 10% cap rate. All seems fair and go...
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Hey guys, What would your max offer be on the following property:Duplex (950 sq ft each) - 2BR / 1BA units. 30+ yrs old.MONTHLY INCOMERents: $500 x 2 = $1,000/month.MONTHLY EXPENSESVacancy loss (@ 8% or 1 month): $80...
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There is a house in which the foreclosure process just started 6/12/09. I am wondering how the best way to contact the next of kin (owner passed away). I know where the son lives and his phone #. My question is how is...
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Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
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I just wonder how many of you worry that you have all your eggs in one basket. I have 8 doors in Portland Oregon right now and am afraid to keep investing in this same city. This city has a river running through the...
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I’m interested in investing in northwest suburbs of Chicago but recently read a 2022 year end report that take about negative net migration in Illinois, specifically in cook county and city of Chicago. I could see suc...