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Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
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My husband and I have some money we are looking to invest. We have been considering buying and flipping a house in Cleveland or Detroit area. We really have no experience in this and aren't sure where to start. We are...
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Hey everyone, I've been a lurker on bigger pockets for probably about a month and thought I would finally introduce myself and maybe ask a few questions. I am loving everything bigger pockets and the community has to ...
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Hi everyone,
I am in the middle of renovating a 1600 square foot rowhome so that I can start renting it out. Having been built in 1890, the walls are all lath and plaster. The house has been vacant for a few years a...
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Hi everyone, I’m putting together a five year plan of investing in rental properties for passive income and would love to get some feedback.I live and own businesses overseas. I’ll be saving $4,100 per month, which is...
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There is a reason why I am not a rehabber…..
April 1 (Fools Day) My Banker was very friendly. Said he wished I would get a contractor because I didn’t know what I was doing. Best rate I could get was 6 points ab...
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I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...
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Hey y'all,
I have been spending alot of time lurking on here, listened to the podcast, and I am now listening to the audio from the BP Summit. I have also read alot of J Scott's 123flip.com and I just ordered Marty B...
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Looking at purchasing duplexes and triplexes in Midwest markets. What markets have you had success in? I’m looking at properties 120K or less. Open to any and all suggestions, tips, ideas and connections. Thank you!
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Making about 6.8% cash on cash from rents after expenses. It's a 145K house and although the market is going up, it's small gains compared to my leveraged 500-700K leveraged houses. I've kept it to date as a fall back...