Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).I bought it all cash so I don't have any holding costs other than HOA, and property taxes.At this point, I'm no...

Hello Everyone,I was wondering if anyone can look at this deal and share some feedback, concerns or questions. I am trying to figure out if the numbers will work and if I should put an offer. I appreciate any help. He...

Considering investing in SFRs in Stockton CA.

Would like anyone who is already in that market to give their opinion on:

areas to avoid, crime, rental market, investment clubs, specific properties, etc.

Hi all,I'm a flipper and the houses I flip usually takes $50k-60k to fix. In my contracts, I always withhold 10% until the house is sold and final home inspection has passed. It usually cost 1k-5k to fix issues that a...

Hey all, after months of stress and agitation finally closed on my first investment.Here are the numbers...what do you guys think?Single Family 2/1Asking- $290KPurchase -$250KAppraisal -$275KDP- 20% ....didn't want to...

Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...

http://realestate.msn.com/slideshow.aspx?cp-documentid=23517536&GT1=35000#1

Rents are dropping to ridiculous levels and hard to make sense of overall investments from a rental standpoint. Don't count on rents IN...

Well I've been quiet for a while in these parts. Jumping through several jobs while trying to maintain Real Estate has been a challenge eventually had to step back from trying to grow. End of last year I was bored col...

Hi,
I am considering a house for flipping in a good neighborhood. This is a bank REO property. The asking price is 75000 dollars. The comparable properties are 12500. If pruchase price of the property can be negotiate...

Hi again :)

Here is my original thread about the property I'd like to discuss:

http://forums.biggerpockets.com/viewtopic.php?t=10328

We now have a purchase offer in on this property, and must make an application wi...