im looking at a good shape 3br/1b house for 22k. I contacted owner about possible owner financing and she said it was possible, if I could wait until after holidays where she had time to work up a contract. I'm jus...
Hello BP, Hope all is well. We're about to close on our first two unit multi-family home and was looking for some help on which type of home insurance to purchase. We plan to live in the first unit. But I don't want t...
I like to have help when needed, but don't need regular employees. The problem is I don't like the risk of going without workmen's comp insurance. I've searched the forums and not really found an answer. If I'd lik...
I recently looked at condos in NYC and the vast majority had carrying costs of almost twice the rental rates. Also, a number that actually sold had renters that were paying $1K a month less than the carrying cost. St...
Hi all, looking for advice before I pull the trigger on a HELOC on my own home. My goal is to use the money for fix n flips. I definitely qualify for a good chunk, but trying to decide if it's better to get an interes...
Hello Everyone I hope you are all doing well and are healthy. Unfortunately, I have a friend who is going through a divorce and asked if I wanted to take over a share of his partners stake in their property.
The NJ ...
In the How can a college student get started? discussion, the author asked "[w]hat would give the owner the security of knowing the transaction would be beneficial for both parties?" This got me to thinking. Can you g...
I have a few properties in one LLC and am in the process of purchasing an 8 unit also in it. Looking for other properties as well.
Just wondering what would be a good way to figure out if a new property needs a new e...
Hello, I am new to real estate / bigger pockets / etc. I wanted to ask: How much is a good starting capital for a new investor to start investing in a long term BRRRR strategy? $50,000? $75,000? I am currently making ...
I hold a note to a commercial property in a Southern California in a desirable area. The buyer is in a negative cash-flow situation. We have already been through foreclosure once this year and the buyer came in at the...