JD Castillo
The days of buying property in DFW for 65-70% minus repairs are over. What percentage are investors buying throughout the Metroplex?
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
Chris S.
Transferring personal vehicle to LLC for better DTI
Hello! Hopefully I am in the right area for this question. I recently got into REI and have 2 fourplexes which cashflow pretty well. I am looking into picking up another property, but have a crippling $668 truck payme...
John Chung
Out of state purchase rental property strategy?
Hi BP folks,
has anyone bought property out of state, without having a close friend, family member or a business partner (boots on the ground) sort to say, to inspect, drive by, take pictures of that location?
How ...
Andre Crabb
Is this possible in Miami?
Hi all!New investor here looking (hoping) to invest in Miami for my first property, if the numbers can work out. But can they? Two properties by the end of 2018 is the goal! Here's what I'm looking for:I'd like a 4-pl...
Simon Y Kim
Buy Formula in WA State
Hey BP community,I am getting outbid on on-market properties in the Pierce County, WA area, particularly in Tacoma and Spanaway. Is it too much to ask what buy formula buyers are using to put in their offers? I curren...
Dennis Suratna
I am going to be in Vegas to look at properties. How should I prepare?
I have talked to a realtor agent and she has sent me some investment properties to look at. I have not negotiated on price yet but most of them are short sales. I am wondering what I should do to prepare (other tha...
Nicole Wang
Hello all - multifamily is "Pay to Play" - Which Multifamily GP operator as Mentor?
I heard the multifamily space is "Pay to Play". What Multifamily GP operators as coach / mentor would you recommend to partner with for hands-on deal experience in the Texas triangle? How can I bring value to them as ...
Keri J Perez
Offer accepted on a property but don't feel good about it anymore
Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...
Kin Meng Sio
Newbie way to find out what out-of-state market to invest in
Hi all, just joined Bigger Pockets and I'm excited to connect with all of you! I'm working in the tech industry in Seattle and I'm trying to start doing out-of-state BRRRR, as Seattle is too expensive to start with.Th...
Grant Francke
Long Term/Unhappy Tenants
Hello BP!We have owned a duplex for about 7 months, it had long term tenants (9 years), they are both in their 70's. From the first time we met them during the initial walkthrough, they were not happy, with just abou...