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Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...
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I've come across a lot of different stories on Bigger Pockets, and there are people who come from all different types of backgrounds. Everyone has had a different starting point. If you were young again, where would y...
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This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
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I’m educating myself on ways to start investing with my situation. Don’t have much credit other than a credit card, student loans 😑 and car payment. I’m current on all but have a few medical bills that have my credit ...
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I would like to start buying non-performing junior lien notes and I was wondering, with the financial crises far behind us, if anyone had a feel for what the supply of these notes will be over the next 1, 2, 3 and 4 y...
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I would like to consolidate the 9 30 year fixed mortgage (currently in my name) into one loan and open up a revolving line of credit to move on additional deals.The nine houses have 70% equity.I’m a professional ...
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Hi community,I have a single family rental and live in a duplex that has tenants. I sold a duplex recently that wasn't cash flowing well and now have about $40K to put down on a new property (these funds are separate ...
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As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...
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Not that we are super experienced but if we hadn't taken classes this is something we may have fallen for. Recently we found a house for sale by owner on Zillow. We contacted the seller and received a text back that i...