What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts ...
I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
Hello BiggerPockets,After about half a year of learning and searching for my first investment property, I've finally found a property which I plan to “house-hack”. We are in contract now and the inspection period ends...
Hello BPMy wife and I have spent the last year reading and educating ourselves on real estate investing and primarily Multi-Fam. We are now at a point where we are both just very eager and itching to get started, as I...
Hi All,I recently went to my first meeting at the Los Angeles Real Estate Investors Club (LAREIC). They had a guest speaker from a turnkey company named Memphis Cashflow. His name is Clifton Stone, he is their Direct...