So since I started I purchased my first 2 properties with cash. First one a duplex with $22,000 all in and cashflowing $700 a month. Then a SFH for $30,000 all in and cashflowing $400. I then took a line of credit ou...
Hello Bigger Pocket Members!
First off, I would like to thank all of you for all of the wonderful insight and positive help you have given countless people like myself who are just starting out. Your wisdom and knowl...
Good evening BiggerPockets! I am looking for advice on an issue I am experiencing in the 11th hour with my credit union.I am purchasing a duplex to be owner occupied with my girlfriend. - We have a close date of Febru...
Hi BP,As I said in another post. I have a tenant who is always paying super late for 8 months now already. So I filled for eviction beginning of June for June (after giving her 3 days notice and all). Court hearing...
Hello BP!
I am closing in my First deal week and as such I am very nervous whether or not its a good deal. The unit is old ~40 years old with old HVAC 3/4 are about 13 year old and one is about 8 years old. Roof abou...
Hello Everyone,I am just passing by to introduce myself to the community.My name is Alejandro Herryman from the island of Puerto Rico in the Caribbean.I am a licensed attorney, real estate broker and publicist.I know ...
Hi BP folks. I am remodeling a unit - adding a bathroom, laundry unit, and updating kitchen. My PM suggested an architect, rather than a home designer or draftsman to draw the plans. He referred a couple options but h...
Hello everyone I have an interesting situation that I need some help with. My best friends parents just had to move due to there home having major code violations and them finding mold. They would probably not be my f...
Hi everyone
I went to check out a 4 unit multi-family today.
It's listed for $269,000
The rent/unit is $650.00
I check out the value on the auditors site and it value for $179,000
It was purchased in 2005 for $160...
Good Evening,I'm currently doing my research on multifamily 2-4 Units in California.I would like to get my first property in California because I feel more confortable doing the property management myself and once I g...