In the process of closing on 4x SFH homes. C to C+ neighborhood with great cash flow. I have one unit that's unrented and another where the inherited tenant is consistently late and will likely have to move with the n...
Advice from an experienced investor to those starting out
1. Stop chasing guru/mentor “education”, tactics, strategies. Concentrate your education on real estate principles, real estate law, and real estate financ...
I don't really hear about section 8 housing, maybe I'm just not listening, after learning about section 8 housing I wondered why no one else was talking about it. From what I know there is a very high demand for housi...
As a beginning investor is it crazy to consider purchasing a 5-unit property - is it better to start with a single-family property? It seems to me if the 5-unit property is a sound purchase it would actually be less ...
I wanted to post this again just to motivate people and show that it's real. Long story short on June 22, 2016 I finally closed on my first multi-unit property in South East D.C. for my fellow Washingtonians it's in w...
Hi all!
A friend suggested I network at Bigger Pockets to get my questions answered. I'm a newbie investor with 5 single family home rentals. All were conventional loans with 20-25% down. I just recently disc...
I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...
What is your min Cap Rate requirement on a 20-30 unit residential?Also consider these units are NOT new and are in good maintained condition. Vacancy rate is 5%. Rents are just about maxed out. I use Cap Rates as a qu...
I just listed a 3br house for rent. Until now, I haven't thought about how to handle it if not all of the applicants meet my minimum credit score. Should I just deny them all? Or, should I accept with conditions if on...
I have around $50K and want to use it to get into REI. I do not have experience. I have only average credit and so am looking to start out on a smaller scale house flip using all cash. I am looking for someone with a ...