Jim Stardust
Financing a rental with 15 or 30 yr mtg?
It's my first rental property, can afford both 15 yr and 30 yr (with the appropriate down payment) financing. At 15 yr, I anticipate the property will be slightly cash-flow positive, with 30 yr, there's a lot more ca...
Amran Musaid
Change in square footage
I have a deal on the table right now and I’m not sure if I should close or walk away from the deal. It’s a duplex and the listing says that the property is 2100 sqft the purchase price is 165k. The appraisal came in a...
Evan Myers
Did I offer too much?
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...
Khoa Ha
Beneficiary bid on foreclosure sale
Hi BP,I recently went to a foreclosure sale and witnessed a beneficiary put a bid way above the starting price. I do not have a lot more information about this. Just wondering what could this possibly mean. Sorry for ...
Vincent P.
Filling out an application before seeing rental
Hello BP- i just purchased my first multi family in NJ. I renovated and listed one apartment on Craigslist and Zillow. I clearly stated in the add; credit, backround check, income verification and refrences required. ...
Shane Pearlman
Student Housing: Studios & Universities
I am looking at an opportunity in Minneapolis (north of como) a few blocks from the University of Minnesota. Decent building and a lot of the big capital expenditures (roof, boiler, windows...) have been recently upgr...
Chris Boselli
First BRRRR Deal Completed in Memphis, TN
Hey BiggerPockets Community! Writing today excited and inspired as we just recently completed our first project ever in Memphis, TN and I just wanted to share the details with everyone here...while this project ended ...
Devan Mcclish
Closed 5 Houses Today! :)
When it rains, it pours in this game of real estate! Below are the numbers. They are brief, let me know if you guys have any questions!!!! So I bought 4 rentals in a rough area, and one rehab.4 Rentals:3 of the rental...
John Warren
Adding amenities in a C class apartment
Hi Fellow Apartment Investors,I am currently under contract on a 36 unit apartment complex in Springfield, IL. The property is a class C property, but it is 2.1 miles from the University of Illinois Springfield. The U...
Sean Dezoysa
Good property managers
Hi all,I'm looking into buying some properties in Birmingham from out of area. Can you guys recommend some good companies or even call out some property managers to shy away from? Any suggestions are welcome, thanks!