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So my girlfriend and I just bought a house with incredible mountain views and are planning on turning the property into a vacation rental. The problem is, the new neighbors suffer from various mental illnesses and are...
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Hello BP Community,I have recently put a property under contract over the weekend here in Indianapolis, Indiana. The Title Company just began the title search earlier today. I'm not sure if the owners can legally back...
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Hello,We are trying to figure out on where to buy a property and rent out part of it to traveling nurse/MTR and if that doesn't workout revert to LTR. We have been seeing nicer homes around surrounding areas of Denver...
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My long term plans are to eventually create a solid real estate portfolio (why else am I on here?), and not just a few homes. Maybe throwing this out there will help with some replies. Info: I currently work as a medi...
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Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
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Checking out this one 29 unit apartment building now and spoke with the current PM who mentioned that:Most tenants are on government assistanceBuilding is old but condition is fairGreat cash flow. Converted hospital t...
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Hi BP community,
My name is Ricky, I am couple months new to the membership. I am reaching out because I think I might have an opportunity and don't want to miss out. I have a lead on a house in San Bernardino Count...
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Hello BiggerPockets community!
First of all, I would like to send my biggest thank you to all BiggerPockets folks, without whom our journey to REI would not be possible! My wife and I have been an avid listener to ...
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Hello All,I am happy to have become a new member of Bigger Pockets. I have been learning off and on in my local REIA group and via YouTube University.Over a year ago, I had come across these wholesaling videos from ti...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Victoria.
Purchase price: $76,000
Being new to the real estate scene afforded confidence in my decision to buy this property. ...