Account Closed
Should I cut my losses & sell my negative cash flowing property?
Hello ,
I am currently thinking about selling a rental property because the rent I receive does not cover my expenses. I’ve been renting it since I purchased it 5 years ago.
I paid $274 000. Its currently worth abou...
Daniel Quinn
First potential deal - help appreciated
Hi everyone,I have recently gotten into REI and have been looking at the local market and planning on getting a triplex when my current lease ends in the summer. During the course of my search I found a deal that I li...
Joshua Martin
Possible structures on this 4 family and 2 family.
Hey gang, I'm going to meet with a seller today (to be fair, he doesn't know I'm coming), but I have word from different sources he wants to sell his four family and the two family beside it. He also wants 300k for t...
Christopher Schmidt
Wholesaling in Brevard?
Who is currently wholesaling (and getting deals) in Brevard, particularly Palm Bay area under 70k?
John Van Uytven
Duplex Foundation Issue
I have been looking at duplex. It is an older duplex, Early 1900's. The numbers overall are looking good. Until we had the inspection, then the inspector pointed out the foundation issue in the basement. I had not bee...
Brian Larson
Exit Strategy on dud Rental Property?
First, sorry for the long post. Before I found BP I started investing in SFR's in Phoenix metro area. I bought on the basis of rent covering PITI and thinking I was good. Surprise, surprise, I was not. It has yielded ...
Trina Hanks
Analyzing owner finance terms
Hey there! I'm new to real estate investing and have come across some properties on Zillow for sale. I'm very interested in investing in this area. In the Zillow add it says:"Owner financing: 60% of the monthly rental...
Roger Kelley
decent deal?
doing a short sale (accepted) on a condo for 57k; rehab costs around 5k. Rents are 800-850, hoa is 204. Paid cash for it. A 10% back to my IRA, plus it should sell for 80k today; near 100k in good times.
Debating on f...
Brian DeLorme
Negative Cash Flow Rental Property
Greetings, I wish I had discovered Biggerpockets sooner! I'm a brand new real estate investor, and it sort of happened by accident. I purchased a home last year for myself (350K) in the central coast area of Califor...
Debby Chen
Wholesaling in Greater Sacramento
Hello Everyone! I am new to real estate investing and would appreciate any advice/recommendation you can provide regarding the best areas for wholesaling in Greater Sacramento. I would not wholesale any properties I...