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I am a moderately experienced RE investor looking for advice on investing in high-equity growth opportunities. I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow...
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We are thinking about selling a home we own. We lived it for 5 years and because we were under water on it, we couldn't sell it so we rented it out and bought another home. We have rented it for 5 years now. Is any...
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
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Hello Biggerpockets! Long time lurker, first time poster here from Southern California. Like many others, I've been binge-watching the podcasts and reading many of the blog posts here on this site.I am pretty much a c...
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I purchased a 1st position NPN where the borrower signed a Deed in Lieu over to the previous lender. The previous lender never recorded the deed with the county. I went ahead and was able to get the DIL recorded wit...
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I've recently found a duplex that I'm interested in purchasing the list price is $69,000 but I believe I could purchase the property for $60,000. Current rents at $600 per unit totaling $1200/mo. The tenants are up to...
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I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...
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We just started to Fix & Flip using our own capital a few months back and currently have two projects that are both about 3-4 weeks out from completion. I decided to commit full time to learning this business as I...