My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% The current rent for the front and back units are $1,450 and $1,535 ...
I'm looking to invest around 300k on a beach villa in the Dominican Republic ( Gated Expat/ tourist community or buy something in the US. I can't afford anything else in Southern California where i live. Any suggestio...
Ok so I have a lead on a 20 unit complex. All units are 2 bedroom 1 bath units. All unitswill need a complete rehab. All units are vacant.The exterior of the building is in good shape and will need very little work. I...
So I've got a controversial topic to throw out to the BP community. On many recent posts I've seen online, I see members of the Financial Independence Community (no BiggerPockets members that I've seen thus far) talk ...
I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
Good evening, everyone. Last year, I purchased a house for myself with 3 additional rooms to rent. So far, this has been going very well. I have two vacancies coming up soon that have me a little worried, but thi...
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
Hello,We are buying our first duplex. After the inspection about to ask for a price reduction. Since this is our first time I was wondering on opinions of others on how much to ask and how to include the cost of labor...
Hi all,
I have purchased two single homes that I am currently renting. One in Mississippi and one in Alabama.
I am looking to get into rehabbing now. Based on the market in Montgomery there are a lot of deals to be...
Hey All,Long time lurker, first time poster. Recently I read a post about a guy (who shares the same name as me) paid to have a website print and mail his Yellow Letters... from YellowLetters.com. After viewing the si...