I found this REO property that is in a flood plain, we had massive rains over the last week and the basement has 21 inches of water. We are not sure it is because the electricity is off so the sump pump is off, or if...
This is the question I have always asked myself:Who makes money from a market crash? I guess the short answer is INVESTORS! Okay. but as a newbie I want to prepare myself as well a possible. I want to be in a position...
So I have a dilemma. I'm just put a house under contract that I plan on occupying as my primary residence. While I was at the meeting with the seller, he asks if he can finance the deal. He says he basically doesn'...
Hello everyone,
My name is Jacob Mellow and I am 28 years old. I currently live in Columbia, SC and have lived here for a little over two years. I am originally from Orlando, FL where I was born and raised. I was as...
I got a tri-plex in San Antonio that has the replacement cost set at 260k. Last year I payed 1600 for the insurance with 1% deductible plus water backup. This year they want to jack it up to 2000, so I contacted them ...
Hello BP!It has been a while since my last post. I have been a BP member for over a year now and been through my ups and downs with some personal issues. As some of you know I own a pyrotechnics display company. My te...
Hey guys, I need a little direction here. Looking at a great condo in a downtown area. Found the same one on airbnb, seems to rent really well and the area gets great reviews. Seller is asking $109,000, Up to 6% closi...
Hi Everyone,I have a SFR under purchase agreement in St. Paul, MN that has been a duplex in the past. The place is rough, but I’m planning to fix it up and turn it back into a duplex. During the inspection, I ran into...
What are everyone's thoughts on using a smart lock for a long term rental? If you do use one, any recommendations on brand?
Hi All,
In 2017, Dave and I purchased 12 multi-family residences (56 units) using none of our own money in less than 12 months and we want to share with you our Top 5 Tips with the Bigger Pockets community that led u...