Anthony Mcnair
need some experienced opinions
Had a walk through on a property and the owner wants 200k will not budge on that, the house has a indoor pool! needs work also the rest of the house needs work. the house needs about 80k in repairs my gut says no deal...
Ken Latchers
Your Ideas on Buying this commercial property in resort area?? ??
I am being asked advice on something I have not done, so I am asking the BP community if they can help this couple. Details:
1) The property is in a MAJOR tourist area, on a very busy main highway
2) The couple wan...
Brendan Chisholm
The progress to acquiring 50 units in 2020 - January Update
In 2020, I want to share my experience with the Bigger Pockets Community of finding, vetting and (hopefully) acquiring 50 units.
The new decade did not start off the way I envisioned it. My team and I had a 25 unit a...
Matthew Rodriguez
Creating cash out of first deal
Hello BP community! I am trying to do my first real estate deal and am wondering how to structure it. I have found a property for $295k in a nice neighborhood with an ARV of $385k the seller acquired through adverse p...
Miles Stanley
First (Potential) Deal - Am i on the right track here?
I found a hot lead in my area and the preliminary numbers look great!i received rent and sale comps from my realtor and have received pre-approval from my lender. The home is solid and livable, just needs updating, h...
Sal Montefiori
4-plex to a Triplex
Is it ever a good idea to downsize a quad to a triplex? I'm looking at doing a BRRRR on a quad-plex, each unit 2/1, but after doing an initial walk through we felt like it may be a better idea to combine two of the...
Jeff Bodenmuller
Buying first Mobile home park... tips please?
Hello all,My wife and I are working on a deal to purchase a mobile home park. There are 15 mobiles and 12 "RV" spots ( which look pretty trashy). We own a couple single family props right now but really intrigued by B...
Mike Wiesenhart
When do you get physically look at a property?
I’m sure this is a preference, but curious as to what you all do. When do you look at a property? Do you look before you make an offer, during due diligence, or not until you close. No wrong answers, just curious.
Nadir M.
What to look for during my walk throughs?
He everyone, I currently did a walk-through of my properties I own in the midwest. For the most part, I know what to look for. For example, I have a rental with two military tenants. They're amazing. The house was in ...
Alexander V.
Hidden Problems in too-good-to-be-true Properties
Hello, this is my first post on the forums, and I'm in need of some advice.I've been analyzing potential properties for about an hour per day for a while now, just trying to get a feel for analyses and markets. I've n...