Xavier Mc holder
Why Distressed Properties
Good Afternoon everyone, I would like to pick the minds of the many investors on BP as to why an investor might find more reward in purchasing distressed properties like the many that can be found in Philadelphia “phi...
Jennifer A.
Court confirmed today!!
My husband and I bid on a foreclosure last month and it was confirmed with no problems today. So, I have 10 days to make the payment and it is all ours!! This is only the second foreclosure we've bought and it isn't...
Mark Beekman
This condo is a S***hole -- Literally!
I went to see an REO condo today and ALL of the carpets are wet, ALL of the walls have mold on them about two feet up from the floor, and there are sewer flies EVERYWHERE! And, yes, poop. Lots and lots of poop.The con...
Meghan McCallum
How do I structure private money deals?
Hey there BP!So, it has come to the point in time that I want to begin offering up opportunities to invest with my company. I don't need the loans, I have cash to work with and banks willing to lend me money pretty mu...
Andrew S.
Rusty cast-iron sewer pipes - any options other than replace?
I have a problem with a cast-iron sewer pipe in one of my rentals. It clogs up frequently and according to the plumber who just snaked it, the issue is likely paper getting hung up on the rusty insides of the pipes. ...
Terry Majchrzak
I found a property and he accepted the offer...
So Ive found a property in Ransomville, NY. And a wholesaler I met through facebook accepted an offer on 39.5k. And everything ive seen as far as comps go are highly favorable of an 90-100k ARV. I would be obtaining t...
Mark Hu
Why REITs have high P/E ratio?
I am looking at two REITs in SO CA, and I've noticed their price/earnings ratio is rather high. One is BRE, the ratio is 42.94, and the other is essex, their ratio is 69.33. I understand that a more typical ratio woul...
Luke H.
Pros: Would you rent to these applicants?
Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...
Christian S.
Hartford Multi-Family, First Time buyer. Advice? Horror Stories?
Hi everyone, I'm new to biggerpockets. I'd say i'm the typical first time buyer. Currently living in Hartford for work and became interested in multi family homes. They're pretty unique as far as ease of house hacking...
Tom Henderson
Granite or Concrete Counter Tops in New Duplex
Hello Team,This week, I signed a PA for my 4th rental property in Minneapolis, MN. It is a disaster, but in a very solid area, so a play for both cashflow and equity. I'm currently outlining a plan for renovation... I...