Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
Tenant and his wife filled out a rental application 2 weeks back. I gave full disclosure that I will preform a credit and background check. When presented with this information he explained he had a felony 7 years ago...
Body of Arkansas Real Estate Agent found, this is so sad! Praying for the family. This hits me hard as I have to show property by myself and the thought has crossed my mind as to what could happen. Things I do:Never s...
Hello Bigger Pockets! I know the market has been pretty hot overall this past year. With that said, wanting to know if there are areas within the US where investors are still buying, cautiously buying or waiting for ...
First some stats:
I have 6 going on 7 doors in the DFW areaI live out of stateRents range from 1400-1950 Per Month I pay 8% Per Month60% of first month's rent on new leases$395.00 flat rate for renewalsGetting to th...
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...
Hello BP,I have an interesting problem. I currently own 2 duplexes in my home town. 1 has tenants and the other I am house hacking. I am ready for my next deal and have hit a wall with conventional financing. The bank...
Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
Hi Everyone!First off I want to thank everyone on BP for being incredibly supportive! I've mostly been browsing the forums and binge watching the podcasts, but the few people that I've already reached out to have bee...