I think I pretty confident on this deal but just wanted some verifcation I'm looking to buy this home from family here is the breakdown:Purchase Price: $35,000Initial Market Value: 63,000Currently Rented @ 695.00 per ...
I know a lot of folks on this site are looking for cash flow, but as a part-time REI I would strongly prefer capital appreciation (for cash flow in the future) because I have a good corporate job and want to minimize ...
How can I tell if Fannie Mae really asked investors for "best and highest" offer like realtor reported on a specific property, or the realtor just asked on there own to help inflate the sale price? Im thinking my off...
Hello Big Pocketeers, As Joe Fairless likes to jokingly say in his podcast, "you live and die by your property manager" and to a large extent, this is correct. A good property manager can make an average deal great or...
Hi BP,I am buying an office condo under my single member LLC and plan on leasing it to my wifes' S-corp LLC. Currently she does not make much profit at her current lease elsewhere. We were thinking that the rent co...
Hoping to get advice from the experts here...I own a duplex that has a large carport directly behind it. It can easily accommodate four cars. We currently have one tenant using one spot and we rent a spot to a neighbo...
Just curious. I have one of those "junk policies" that Obama said I could keep if I liked it, but is now saying otherwise. My insurance company sent me a letter saying it would remain in effect until December 1, 20...
Hi there, I am trying to help my sister with her condo in Pacific Beach, CA. She (unfortunately) purchased this condo at the peak of the market (12/2006), and is now trying to sell. She is trying to limit her losses ...
Hello Bigger Pockets family! I have a question. I'm currently in contract on a 36 unit complex and currently going through my investigative process. During my investigative work I have found that the insurance for the...
My initial thoughts were to purchase an existing duplex or triplex. I looked at several, with one being a triplex about 30+ years old. It brought in $1,850 total per month and asking price was 180k. It needed a few up...