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My first :Offer on Preforeclosure
Stuck an offer in on a preforeclosure. Did some research and found the sales price in 2003 150,850$. Second mortgage at 55K, they have list price of 199k, I have comparables in the area. I offered 170K
wish me luck...
Serdar Tuncali
Is Flipping Business Dead in Phoenix?
Hi,
I have flipped or bought & held couple of houses in Phoenix last few years. I was hesitant to dive in to the business and I waited for all the stars to be aligned. Now that I am ready to dive back in ...
Jeffrey Lester
What would be the best job to gain REI experience in college?
Hello, fellow BiggerPocketers!Many of my posts have been about college, and for a very good reason: I want to get started with my real estate career now. My overall plan is to work a job my freshman year that will con...
Bob C.
How big of a list - for starters?
For the last year I've been beating my head against a wall trying to work short sales via MLS. I've decided finally go the motivated sellers route. I'm fortunate to have capital to be able to jump right into d...
Forrest Martinson
Recent engineering graduate unhappy with current position.
Hello, I recently graduated and jump on the first decent job that was offered which lead me to the great state of Alaska. I am currently working 70+ hours a week on salary. I am exhausted and frustrated. I am committi...
Shadonna N.
Calling the experts for advice on a sale, potential note
Experts,
Here is the scenario:
Property Location: DC
Tenant has been in place for 8 years. Not elderly or disabled. Wants to but the property.
Owner wants to sell
Option 1
Tenant purchases property. If there ...
Nicholas Baughman
San Diego starter niche
Hello Everybody,
My name is Nick and I am an extremely new to REI. I live in San Diego and I am looking to start investing. I've been trying to write up my business plan but I'm stuck on my mission statement. There a...
Brandon Beaudoin
From SFH REI to MF REI (and potential partner sourcing)
Good evening BP fam!First post here but I've been plowing through the forum and articles. Long story short I'm (mostly) getting out of the SFH REI marketplace (I have 3 SFH rentals) and looking to branch into multi-...
Nick Horob
Closed on our second apartment purchase (Moorhead, MN)
My partner and I recently bought a 12-plex in Moorhead, MN. This is after we purchased two 4-plexes in Fargo, ND in March 2015 (we bought the 4-plexes for $165k each, 8.5% cap rate). So far, so good in finding decen...
Shamsul Chowdhury
Property management issue in Jamestown, NY area
Bought a property and recruited a manager in jamestown, NY area.Not receiving any rental checks for last two months, and the guy ignoring my calls and mails.I live in phoenix. I Need advice from expert folks, what do ...