Hi Biggerpockets,I need some help evaluating a deal. I currently live in the DC area and put in an offer on a property with the following details:Listed Price: $235k Estimated Value: $245kRequired Repairs: $7,500Avera...
I've purchased 15 rental properties in the last 3 years and want to sell off all my 4 bedrooms since for the most part they have been problematic. In the Houston area the rent rates have gone down 15% since last year....
Hello Bigger Pockets!
Folks, I found my way to BP's through another money blog...so glad to be here. I've been looking for a forum to nurture my investing side and a place to share my limited knowledge...I r...
Hi All,I am trying to take the time to read some books, read the forums and get myself started as a real estate investor!Foreclosed properties have obviously peaked my interest as they are often a cheaper often. I wou...
I hear so many people asking what the best markets to invest in are. First, my answer is look in your own backyard to make sure that is not a good option. If you say, "thanks, but no thanks," to your home market, then...
I am interested in purchasing a vacation rental in the near future. When qualifing for the mortgage is the historic rental income counted towards qualifying for the mortgage? In this scenario the historic annual tent ...
Hello, So we sold one of our properties via seller carry terms for 5 years, it was free & clear (there are no loans on it). So now the deed is in the new owner/buyer's name, we have a note for the balance that he ...
Hello All,I'm executing a 1031 exchange in September. I am realizing $300,000 from the sale ($100,000 profit). I'm planning on purchasing new property for around $270,000. That will leave me with $30,000 in "boot" wh...
Okay, so as we all know the stock market has been on winning spree for quite some time now. With all time highs across the board, one can see why there is a bit of a fear that stock prices will come crashing down even...
Hi All,
With so many houses on the market, I think there is a great opportunity in assisting homeowners in how to provide seller financing. Is there anyone here that has help a potential client position themselves to...