New to real estate and looking for my first rental. Have been using the rental calculator on every potential property I find in Waukesha, Wisconsin and surrounding towns. Every single property is a bust! Negative cash...
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Background,
A woman who couldn't afford her payments left Maryland. Her bank started foreclosure and stopped about 1 1/2 years ago. She filled out the paperwork for a deed in lieu of foreclosure and the bank refused...
I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K...
A week ago, I wrote an article explaining how the millennial generation (myself included) could creatively finance a down payment for their first property. What was intended to be an informational article on BiggerPoc...
Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
Hello, I am fairly new to bigger pockets and this is my first forum question. I was wondering if anyone has experience with traveling to the Caribbean or buying properties in the Caribbean. I am wanting to purchase a ...
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
I've got some bitcoins that I would like to use to purchase real estate. Are there any institutions that will accept bitcoin as downpayment for a loan?