I have found an apartment complex for sale for about 2 mil. I want it! I have no experience with commercial properties and bad credit. The place needs tlc but already has 55% occupancy. Something like 45 1 br's and...
We understand every realtor can write up their commission structure (to a certain legal degree), but we want to know what the standard commission structure usually is in Raleigh, NC. What would be the "off the shelf a...
Hi there, I'm a small-time real estate investor with 6 units under my belt. When it comes to water issues, I absolutely cannot catch a break. Currently, I've got:One basement with a leak and horizontal crack forming o...
Let me start off by saying that I have no previous real-estate experience.
I am 24 years old, $50k net worth, $50k yearly salary. I am looking to buy my own place and live in it. Eventually I want to turn it into a r...
In less than 30 days, when I close on this deal, this will be my first real estate purchase. My plan is to househack this fourplex.
I’ve run the numbers using the BiggerPockets calculator and my own spreadsheet. Ev...
Hey Landlords and landladies! I'm sure each has seen many variation of tenants.I did want to "brag" on this SFH tenant of mine that calls me early to pay her rent with a smile. Wonderful! Same house I evicted a tenant...
Offer Accepted: Almost $2 million under appraisal, but can we fund it?I fund most of my deals through some type of pooled investment, whether I raise money on a deal-by-deal basis or through a blind pool fund. It ca...
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
When I bought my property 6.5 years ago, I was a total newbie and pretty much did everything wrong. Bought when the market was still high (and interest was at 7.5%) and then shortly after, the bubble burst and my pro...
Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...