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How does the note selling process work, and how do people asses an offer against a note?
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I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
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I'm sure I am going to get a range of responses here. I walked through the house we are rehabbing, came up with a detailed scope of work, and emailed it to a contractor I have gotten a bid from in the past (but haven...
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So I recently purchased another rental property (3bed, 2bth, built 2003, ~1300sqft). I purchased it for cash for $68K (tenant occupied, will get to this later). I put about ~$3k into the rehab and about 2-3 weeks star...
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Hey guys! I'm writing to you today from some beautiful as well as very chilly mountains located just an hour north of Bogota, Colombia. I am new to the site, but I'm very familiar with the podcasts! I have listened to...
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For those of who haven't read my other post, it is here-
http://www.biggerpockets.com/forums/12/topics/60255-how-does-it-work-when-the-seller-financines-a-portion-
To summarize what I talked about in that other post,...
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Hello,I am a new investor from North Jersey about 30 minutes from NYC so multi family properties are a bit pricey here. I am looking to acquire my first multi family property for renting out next year, 2021. I have a...
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I want to buy a three family home. I am not handy at all, most people I talk to say not to get into a multi family property if I’m not handy. Is this true? Should I take their advice? Though I know other who have said...
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Doesn't have to be real estate related! I just want to hear what life's big lessons have taught you, and how I can learn from it. Some of my background:I live in Las Vegas, NVI have a girlfriendI read a lot and I try ...
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The 3 million in real estate I own, half of which is equity, was earned. I stood on my own two feet since 18, paid my own way and bought the houses with 100% of my own money that I saved from a high income career I ha...