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Should I care about buying homes in awful condition and in poor locations as long as there is an end buyer that buys junk homes in poor areas? My thing is this. If someone buys and rehab a junker house in great condit...
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I have been investing in Real Estate for the past 6 years. I buy & hold most deals, but occasionally I flip. For example, this month I close 20 SFRs and only one is a flip. The remaining 19 will be renovated and...
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A partner and I are purchasing and planning to quickly sell a condo. What would be a fair consession or agreement considering what we can each bring to the table?We were trying to keep it as close to 50/50 stakes as p...
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Hi everyone,
I'm pretty new here. Recently bought two properties (single and a duplex) in Detroit MI. Looking to insure them (under my llc). I got a quote for $550/m for both. Seems high. It is up to $1m for each pr...
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Hello BP,I have a quick question on the BRRRR process.My understanding is that when executing the first 2 steps (Buy & Rehab), you will use your own funds!Is that an accurate assumption?Thank you
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I work with a number of Real Estate Agents that want to take advantage of the REO market in Michigan & don't know how to get started. Please let me know who they might contact to begin doing BPO's and getting eve...
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Hi All,I have a client who has a property that he has leased to a master tenant with the understanding that the master tenant can sublease rooms to meet rent obligations.Everything has been going pretty smoothly for y...
Sorry, this is not really relevant- but I was just wondering, what forum software is BiggerPockets using? I'm familiar with platforms like vBulletin, XenForo, IPB, MyBB, etc. Is BP using one of these?Thanks! :)
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I'm a Project manager in a small construction company, in Los Angeles. We are in the south bay beach cities area, we do as much inn house as possible with about 20 in house guys and a number of subs that we supply 50...
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