I recently came into contact with a sweet little old lady who called me from a yellow letter I sent her. She mentioned she had 2 parcels of vacant land side by side that she was considering selling. A total lot size o...
Hello Bigger PocketsA little over a year ago I started my real estate investment journey. I started to consciously save/invest my money as I prepared myself to make my first investment in real estate. I studied, read,...
I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
First post to BiggerPockets and my potential first deal as an investor with hopefully many more to come. I would like some advise (contract, clauses, ideas) to make this deal as good as possible for me. I will give th...
I have a rather creative investment strategy that I am seeking opinions/feedback on where you can both flip a short-sale and be the bank at a high APR without ever lifting a hammer. I wish for feedback from others to...
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Hello Everyone, My partner and I are looking at buying our first home in the Denver area. Right now we are sick of Denver's rising rental rates and we think buying a house would be a smart idea right now. We've talked...
Is there a best system for collecting rent from
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
9509 Briarcreek Drive, Oklahoma City, OK 73162
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...