A friend of mine recently bought in Las Vegas. He sent over some zillow pages where condos with $800-$900 current rent are asking around $100K. This is yielding about 9%! Even with $170-$200 HOA this seems too good...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329970/small_1621444690-avatar-crossfitcrna.jpg?twic=v1/output=image&v=2)
So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/399840/small_1621449176-avatar-justin80.jpg?twic=v1/output=image&v=2)
I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1084917/small_1621508628-avatar-beal2.jpg?twic=v1/output=image&v=2)
Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/266494/small_1621437574-avatar-joshgfc.jpg?twic=v1/output=image&v=2)
I'm too young to have a heart attack but that's what I just went through dealing with NREIG. Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2729481/small_1695361933-avatar-edwardp143.jpg?twic=v1/output=image&v=2)
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/138263/small_1621418861-avatar-sartain.jpg?twic=v1/output=image&v=2)
I mentioned in a separate post over a year ago that I had bought some tax liens through PIP East and was hopeful on the prospect of obtaining a property that way. My experience was an example of "be careful what you w...
Hi everyone, I'm evaluating an opportunity to participated in a syndication for a mid-sized apartment complex as a limited partner. Any thoughts or advice on what to focus on or questions to ask? Based on the materi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/166397/small_1621420769-avatar-edubrule.jpg?twic=v1/output=image&v=2)
I have a situation where a current tenant wants his girlfriend to move in with him. He called me and said that half her stuff was moved and if it was ok for her to move in. I'm uncomfortable with this as I feel a s...