Jason Smith
Bought a foreclosure but it’s occupied
I’m in contract with Hudzu on a foreclosure. I’ve only seen the outside but someone is living there. It’s a 1700sqft 4/2 in a good spot and I’d like to turn it into a rental.
I’m looking for suggestions and laws reg...
Tyler Jahnke
Morris Invest Case Study 2.0
Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
J. B.
Tenant damage; low remodel bid; high remodel costs... Now what?
Age 40. Owner of a singe-family rental homePurchase price 15 years ago: $200,000 (zero down payment)Current value: $400,000+Current mortgage: 20-year fixed with 19 years remaining @ 2.875%Seeking advice and opinion...
Jon Klaus
What would you do with $50K in a SD-IRA?
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
Matt McLeod
Rookie crunching data for possible 1st buy
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Mark Gallagher
Diary - Buying a non-performing note NPN from start to finish
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
Ryan Rush
Getting discouraged. Everything is going wrong at once.
Everything has gone wrong all at once. I have 13 doors- which you would think would be able to handle about any issues that popped up, but the issues have happened too fast. I had insurance require roofs to be done- s...
Account Closed
Is the Real Estate market really not going to take a hit?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Shiloh Lundahl
Is BUYING in a GOOD SCHOOL DISTRICT even that important anymore?
The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...