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Hi everyone,I am interested in purchasing a condemned property. It is a duplex, but I believe the proper term would be pooplex. The water is shutoff, so squatters have been shitting in pots, soup cans, and the floor.I...
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My rental is posted for $3,900 per month. 3x income is $11,700 per month or $140,000 per year. I have an applicant who has a 787 credit score. He just finished his radiology residency at UT and made $70,000 per year. ...
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Hi All, I am new to rehabbing although I have many years experience as a construction/project manager (building, rehabbing schools). I am interested in finding out your experiences for financing a rehab project to r...
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I'm considering expanding my property portfolio into the section 8 realm. Now, we've all heard the horror stories of tenants trashing the property/units, late payments/no payments, etc. However, before I jump of...
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I got all these people saying they’ll call me back and then they don’t because they really just weren’t interested. They see that I’m 20 years old and I’m broke. They see that I don’t know as much. They feel safer wit...
Your Profit and Loss Report is your Resume!I know that when we are new to this business, we are hesitant to spend more money than we think is necessary, after all, we have spent a ton of money on the rental home and g...
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We at biggerpockets are a pretty diverse group as far as background, education, geography, market focus and age, but also potically and socially. I'd be interested in seeing which websites we have in common.
I'll sta...
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I haven't used craigslist in years. Its flooded with wholesalers and owner finance companies. Every ad I've posted gets flagged and removed in minutes. Is CL dead?
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Hi Guys, Looking for some insight and advice on my first deal here. Any help is greatly appreciated. So here are the details. List Price: $380kYear built: 19722 are 2bed/2bath and the other 2 are 2bd/ 1.5 bath. curren...
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Hey everyone, I've realized that my local market (CT shoreline and CT in general) isn't the best market to invest in for buy and hold. Finding properties that fit the 2% rule is a joke and even going with the 1% ru...