So I have been looking for my first real property for about 6 months now. My first was a gimme that my dad is selling me to get me started. He did all the work himself and is letting me take it over after he gets a te...
I was looking at some of my spreadsheets and was trying to figure my overall rate of return on a house once it is paid for in the future, with the following assumptions, are my calculation right?
Purchase ...
I've read a number of discussions on BP regarding the pros and cons of renting to Section 8 tenants. My personal synopsis of what I've read is that success/satisfaction with the Section 8 program distills to a handful...
Hi all. A friend of mine recently had an offer accepted for his first multi-family property in the Boston area (~400k). For some background, he's planning on moving into the house, using an FHA loan for money down and...
Hello Bigger Pockets Members,Here is the situation: I won an third-party auction bid for a bank foreclosed single family home. My bid was the highestest $425k but did not meet the reserve and so the bank may still c...
Welcome to our Question of the week! If you haven't voted in the poll, please do. We are talking about deal analysis this week. It seems to be challenging to commit to a deal if you aren't confident in your numbers. T...
I searched for posts related to this in this forum. I figured ask a slightly different question, maybe get a different answer, so here goes...
I get listings for lots of REOs. Some look decent numbers wise. My point ...
When making an offer is section 4b good enough to get me out of an deal that turns bad because of unexpected issues or contractor bids that make it not profitable.
My realtor thinks its good enough I think i shou...
Hi All-Pardon this long post: I had new tenants moving in yesterday morning at 9 am. They were coming from out of state so I had made assurances that the place would be ready. I made assurances because the depart...
I have a property that I believe has greater potential to flip or keep as rent. It is currently on auction and would like to participate in it. The property is owned by UMB BANK NATL ASSOCIATION. I am pretty confident...