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Hey everyone!I'm interested in the some input on the idea of "converted" multi-family properties vs. "intended" multi-families. We have recently moved to the Tacoma, WA, area, and in my search for rental properties (2...
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for 55K, ARV is 170K. If you have any advice for us newbies it would be greatly appreciate. We're hoping to put 30K into it, kind of hard for us to estimate. It needs new kitchen, flooring throughout, fix up garage...
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I'm working with a semi-experienced flipper (3 years of about 4 houses a year) who is giving me advice (my first two flips flopped). She typically does top-of-the-line for the neighborhood and then prices at median p...
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This 1850's era 4-unit popped up on MLS one morning last winter for $80k. It wasn't a foreclosure but could have passed for one - vacant for years, no heating system, everything banged up.Within 2 hours of it being li...
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I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
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Hello BiggerPockets - I am rolling over an IRA into an SDIRA to use for Real Estate investing. I have a demanding corporate job that leaves me very little time or energy at the end of the day. So I need something pa...
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I am a newbie, just converted my primary residence to a rental last summer. We're nearing the end of our first lease and have a bit of a problem tenant but they pay rent early or on-time every month. We're on the fe...
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Hello BPers, Hayall doin?
I am new to this site and already have learnt a lot - this is like mentoring on steroids..
I live in NJ and everything here and in NY is very overpriced so I thought of investing out of stat...
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I was going to close on a REO yesterday, went to the house for a final walk-through, and there's a SQUATTER!! This guy is living in this house without the bank's knowledge. He actually went thru the house with my agen...
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Good morning, everyone! I have a longish and frustrating situation, and I'm looking for appropriate and tactful ways to handle a situation.The property in question is not near my me, but I self-manage from a distance...