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I finally put up an offer and was accepted. I placed a $ 2,000 bid on a NPN of $ 92,000, but the house has a value of only $ 65,000 max. I'm thinking if I can get the current occupant to agree with a restructured and ...
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Like the title says, I have recently discovered Bigger Pockets and am so excited to have found a community/forum of likeminded investors!I have been “flirting” with the idea of Multifamily RE investing for 6 months no...
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Background for those that don't know me: I am a full time real estate investor and I have invested in nearly every aspect of real estate. Recently, I have added transactional funding services to short sale and REO inv...
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Hi all! I'm coming back with an update (a little shift in perspective from my first post) and also some tips/advice.I initially came to BP with the a goal of buying and holding MF units in the VA Beach and Newport New...
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I need advice on whether I should continue to hold onto my investment property or sell and "buy up".Here is the scenario. I own a condo in Brooklyn, NY, which I purchased at the end of 2008 for 940k. Today it is wort...
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If I were to guess, here's what my friends did today:@Serge S. spend today thinking hard about the next $500,000@Brian Burke took his wife in his plane to Malibu, or something, and spent money he has@Brandon Turner to...
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As a millennial and recent college grad and wanting to begin building a portfolio of properties while working a full time job, a question I constantly find myself contemplating is how to plan for an early retirement a...
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First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
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Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
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As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. It is shaping up to be a majo...