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Hi guys! I put in an offer on my first cash flow prop. And it has been accepted!! How ever I am now second guessing if buying in that Particular neighborhood was a good choice. There is not a lot of diversity, doesn’t...
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http://online.wsj.com/article/SB125479559237566623.html?mod=rss_economy
This article is talking about apts nationally. Vacancies continuing to rise and article says they will continue to rise. Tied to unemployment fi...
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When I bought into San Francisco 10 years ago, after 20% down, I was still losing $1K ish per month per door.... I had to work my day job and saved every penny to support my real estate enthusiam..... But I had hope a...
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In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
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I have a foreclosure that I am seriously considering buying for a rental. My concern is the bathroom has a window in the shower. I was planning on gutting the bathroom and doing a complete remodel. I thought I could...
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Hi guys,I am currently looking to get into my first multifamily investment. I already have 1 SFH which is why my next investment I would like to go with multifamily. Preferably something smaller like 2-4 units. What a...
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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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Hey I am Newbie, and I just read this article. Wanted some more expert opinions on this article and FHA loans and people buying homes with poor credit and low income in today’s hot market. What do you all think?
Smal...
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Hello BP community-Does anyone have experience borrowing money from their parents to get their foot in the door with real estate? How did it go for you?Let me explain my situation. I am going to be a sophomore in coll...
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My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...