I have an interesting success story to share.A number of years ago, I posted about a 20 room motel in Central Florida that was a bank foreclosure listed for sale for $160,000. I ended up winning the property for $180,...
Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
Hello BP,Has anyone found a service that is friendly to MH investors with regards to having seller financing set up to pass DF/SAFE Act scrutiny? This would apply not only to those who want to by and resell with finan...
Hi all –I'm going to start posting here pretty frequently and start a member blog here on BiggerPockets and I want to know what you want to know about starting or growign your business.What is it that scares you? It ...
- Normal wear and tear is something I have trouble defining, I often have to pay 300-900.00 to get the home "rental Ready " again.- Have you EVER held onto a full deposit? Can you explain the context and situation
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Hi, just wanted to get some general advice from some seasoned investors. My wife and I currently both work and make pretty decent salaries, were in our 30's and are paying off our 15 year mortgage on your primary resi...
Hello,
I am looking to purchase small multifamily properties from 4 to 12 units. Does anyone know which cities have the best cash flow markets? I am in Orlando Florida but I cannot find any good cash flow properties ...
We have a home that has been on the market for over a year now, and we've yet to get an offer, even after multiple marketing strategies have been tried.Home info:- High-end neighborhood- 4,046 sq. ft. 5+ bed, 4 bath, ...