Charles Kennedy
Am I crazy to self-manage from afar?
I am under contract on a quadplex near a university that is 4 hour drive from me. After speaking with some property managers, I'm realizing they really know how to tack on the fees... 10% (expected) of all revenues, 1...
Billy Amberg
The 203K Loan - Open Discussion
BiggerPockets Community,This is directed at those of you who are interested in the 203K loan. Done one or more 203K loans? Great! Share a success or horror story!Never done one? Also great! Hopefully my post can get...
David Joselson
Non-performing Junior lien notes are becoming less readily available
I would like to start buying non-performing junior lien notes and I was wondering, with the financial crises far behind us, if anyone had a feel for what the supply of these notes will be over the next 1, 2, 3 and 4 y...
Dennis L.
DST, 1031, exit strategy, retirement advice
hi all! i was hoping to bounce some ideas/get advice on an exit strategy / retirement planning / DST. i apologize if i jump around since there's so much running in my head. anyway, so a little about me: i'm going to...
Jennifer Fernéz
Want to buy a 5 unit property for $12,000
There is an abandoned 5 unit property that needs a complete gut and renovation. It is about 2500 sq feet. How much do you think something like that would cost, and more importantly, where could I find financing ...
Matan Paret
Physician starting out in REI
Hi all,My name is Matan, I'm a physician currently in fellowship in CA (2 more years until I'm an attending making a decent salary). I recently became interested in REI after I found out one of my bosses at work has ...
Tim L.
Feeling Lost - First Property Looks Cash Flow Negative :(
Hello Bigger Pockets!My name is Tim, a new member of the community. I eagerly want to learn as much as I can from all of you as I begin learning the ins and outs of real estate investing.Unfortunately, I am realizing ...
Rich Weese
I'm concerned about rental market. You??
I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
Ryan D
Truth in Equity - HELOCs
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...