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Given that I live in a horrible location for local investing (i.e. Brooklyn) my wife and I are moving forward with the strategy of out-of-state, turnkey investing. While we haven't made our first purchase yet, we have...
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I have agreed with a Seller on price and all other terms and conditions, except one. This property is a 2 unit building. One tenant informed the owner that he is moving out earlier this month. The tenant followed b...
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My first direct mail campaign is now beginning its' second month. As expected, most of the calls that come in are folks that just want to know what I am up to. They throw out huge numbers for their properties and hope...
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Hello fellow BPers :-)So Im in a dilemma (or at least I think I am). I have used the same contractor for two of my renovations so far. I pay him $50/hr. I play the role of the general contractor in terms of I usua...
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I signed up for an online real estate software that allows me to see in depth info on properties, most of you have probably used it. I located properties in pre-foreclosure, properties with liens on them, proprieties ...
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Just needed to blow some steam off in the group.All 7 of my accepted offers have fallen apart at the inspection phase.Each time we find an expensive problem in the inspection and the seller is not willing to make conc...
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Just musing ahead 10 years or so.With states now mandating the phase out of Gas/Deisel cars How are MF owners going to attract and keep tenants that will now have EV's in the next 10 to 20 years ? Of course home owne...
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Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...
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Hello BiggerPockets Real Estate Agents!Have any of you opted in to be a featured agent on the BiggerPockets site, and what experience did you have from it? I'm not knocking the site, but the leads seem a bit pricey c...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...