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Hi all,
This is my first deal since getting back in the game after a 4 year break. I recently won an auction for a 2br condo from Fannie Mae. Purchase price was 37500. Conservative FMV is 62000 after about 2000 in upg...
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Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
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I'm rehabbing a beautiful, mid-century modern, single family home upstate, and I want to stay clear and on top of project management, as well as managing the financials, supplies ordering (for the supplies and fixture...
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Hello, I am an investor with 8 rental units across 3 properties in Somerville MA (a very close town north of Boston). I purchased my first property in 2001, became a landlord for the first time in 2003, and got my fi...
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My house in Union City (East Bay) has 3 beds/2 baths of 1340sqf + garage on a land of 6000. Recently I've been thinking about building an in-law unit of around 600-700sqf with private entrance and put it for rent. The...
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Hello again BP,Thank you in advance for taking time out of your busy days to consider my problem.A rental condo that I own in South Florida recently passed a new rule: a mandatory NON-REFUNDABLE move-in fee of $300. I...
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hi, I've been lurking off and on for a while. My partner and I are newbie- wanna be rehabbers in Albuquerque. We had a financial partner, but that fell through. Both my partner and I have remodeling experience. I hav...
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Hello, I am a college student who has saved up money and is looking to invest in rental properties. I have done a ton of research and just want to jump in so I can learn from experience. However, I only have this mone...
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Hello Bigger Pockets Forum. I have been doing my best to soak all of this goodness in for months and I am beyond ready to take the plunge. There are many details that play a part, but in an attempt to oversimplify - I...
I have a rental in California w/ a 2/1 & an ADU on same property.Getting $ 1500mo. For front house & $795 for ADU. Original loan is owner finance210k bal. @5.25% got a Heloc for 65k to add 1bd. & 1ba. To f...