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Hello Guys,
After a long 7 months my offer was finally accepted on a short sale. But after receiving the approval letter from the bank I have a question regarding the numbers below. My cash offer was $94k a...
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Hi, I have a few rental properties (single family homes). Not enough to have a full-time maintenance guy or anything like that. I've had a few insurance claims over the years but not too many (mostly always had to d...
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My goal is to buy a 12-unit apartment building for around ~1MM. I was wondering if anyone would be willing to share their experience here.
How much total cash did you put in to buy the building (down payment, possibl...
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Hello!When analyzing a deal, what kind of percentage or dollar amount do you put on Cap Ex saving. Currently, when I am analyzing a deal I put in a savings rate of $100 per month, not matter the size or condition. I...
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Hey ladies and gentlemen, My plan is to buy a fourplex in 2020. I have rental properties I was fortune enough to pay cash for and also repairs. I have one that will be finish in March and that will it. In 2019 ...
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Is it possible to use my 401k to invest in real estate?
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Hello all,My name is Paul L and I've just joined Biggerpockets and about to begin my RE career. I live in NYC. Have been doing allot of reading, almost got caught up in one of those expensive Guru programs but held of...
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Hi All,I have a quick question on how buy and hold investors manage the liability on their properties. I currently have 1 triplex in California, on which I have a mortgage and a regular landlord hazard insurance on th...
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Hello BP'ers
Tenant moved out, she was suppose to hand me the keys 3 days ago but has stopped answering her phone. I passed by the property she has clearly moved out 7days ago. There no electric or water. I went by ...
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An owner-occupied investment property is a multi-unit building where the investor resides in one of the units. I’ve worked with many owner-occupier investors and generally speaking, they are also first-time homebuyers...