Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Hello, ***I want to acknowledge ahead of time that I did not screen well enough and that I made a HUGE mistake in my tenant selection***I finished my FIRST EVER rehab in a pretty solid Milwaukee area probably B-/C+, a...
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
So I’m trying to buy a rental unit with 15yr loan and I tell my realtor I’m trying to get a better rate on my loan. He proceeds to say “ why are you worried about the rate, it’s a write off “. This comment really worr...
Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
After being on BP coming on my 3rd year now.. one of the frequent repeat questions is from those wanting to get started in cash flow rentals but have limited cash but great W 2 and Credit.Let me take you back to pre 0...
Hey everyone! I am writing a regular column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate. I am currently looking for TENANT "mistake" stories, in particular inherited tenants ...
Great article about new restrictions when selling a property and providing financing to the end buyer. These restrictions go into effect under Dodd-Frank on January 10. These are federal restrictions, not limite...
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