I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
I'm hoping to get some perspective from people here on an experience I'm having in current markets. I would like to put some money into a property that can bring in some cash flow, or at least break even, and I want t...
Hey BP Community!
First, I want to thank you all for the incredible amount of knowledge and support I’ve received from members of this community. I truly believe I would not have closed this deal without Bigger Pock...
In an upscale neighborhood in Brentwood California a guy rented out his guest house on Airbnb.His latest guest has now lived in his guest house for years, she hasn't paid rent in 540 days, and she is saying she will n...
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
A little background on this one. I have been following Shea on youtube for about a year. He is in Detroit and has seen it all. I find his honest take entertaining and educational. For this video case study - some dude...
Dear BP Members,I am renovating my house with a completed demo, drywall on the walls and ceilings, and electrical wiring for the whole floor. The problem is that the electrician does not want to wait until the sheet ...
Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?