Josh Magnus
This economy feels like 2007. Am I wrong?
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Daniel Whitmore
How Much Pressure Should I Put on Myself for Deal #1?
How important is it for my first deal to be a good deal?I’m new to real estate. My network is small. I don’t have muscles to flex, I don’t have past experience to guide me. I’ve read books, listened to podcasts and we...
BA R.
Have I lost my mind or does this make sense to anyone else?
I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
Atampreet Singh
Appraisal came in at 235k, Under contract for 277k. Buyer here! HELP!
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Natalie Onacki
Looking to buy out of state with minimal knowledge
Hi! I was wondering how people go about buying out of state without knowing too much about the area? I am currently in AZ and want to buy in Texas, I know very minimal about the state, I know I would like to buy aroun...
Nina Granberry
What do you do with your cash flow?
Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
Account Closed
We listed for $1900, lots of interest; how do we get $2k?
This is for a SFH rental. We listed for $1900 and have many parties (6-7) trying to get it, with 2-3 very strongly trying to lock it down.How do we propose a higher rent when we have multiple parties trying to "lock i...
Kayla Prange
Anyone willing to give me a reality check in either direction? STR first timer.
Hello! New to STR and new to BiggerPockets. I am a full time real estate agent and have just reached the point where I can start investing myself. I found a place in a vacation area (2.5 hours away from me by car) tha...
Padma Mody
Tenant called the Police
I bought house in Sept 2014 and it was rented with month to month lease with section 8. During November, Section 8 did yearly inspection and find out that HVAC is not working properly. We hire the HVAC guy and ask him...
Account Closed
Cashflow positive in CA with 10-15% yearly appreciations
Im tired of reading about all my local CA investors wanting to run out of state for so called "great cash flowing properties". I have purchased (along with some of my investors) over 2 dozen SFR and MFR positive cash...