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I'm trying to decide weather or not this house will be a good investment for me. It can be purchased for $22,100 And it will rent for $600 per month. I estimate it needs $5,000 worth of fix up to make it rentable. Ta...
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I just got out of the army, I just inherited my mother's house. I would like to use a VA home loan on my own house when the Hamp incentive is done with but I have to live there for another x amount months. Yet the thi...
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MY FIRST BP POST! YAY!I have read 100 books, read forums, watched podcasts, analyzed deals, talked to my lender, paid off all my debt and I have $50k to play with. I can't use that $50k to buy multiple properties in D...
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I'm look for answers to my question both on a specific situation (which I'll describe) and as a general overview.This is my first rental. Tenants moved in a month ago. Summer is in full swing now and in my location it...
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Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
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A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
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So historically I've been terrible at keeping these sort of deal diaries, but I'm hoping the BP community will help keep me honest...and updating. Back on February 22 I closed on my first rental property since joining...
I am trying to learn how to properly estimate rehab costs and negotiate with contractors. I’ve heard a lot about contractors taking advantage and overpricing. Any advice would help.
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Just purchased a large 5 units with multiple section 8 tenants in pending evictions that have been going on for at least the last 3 months if not longer. For the terms of my loan I need to occupy one of these units wi...
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Hello BiggerPockets community,I'm thrilled to join this forum and seek advice from experienced real estate investors. Here's what I've considered so far:
1. Markets:
Local Market: I live in the DMV area (DC/MD/...