Do you guys only buy in good areas?Does anybody buy in bad areas or below average areas?For instance, property is close to "druggies " area....An appraiser came to a unit and there is a passed out tenant on the couch....
Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.
NOTE FROM MO...
I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
Hello BP Family
I'm currently evaluating a deal where the property needs structural repairs.
People always advise against getting involved with structural work but I think I can gross about 2k a month in rental in...
Hello, I'm new to the forum and I'm looking for advice on how to make a career transition into Minneapolis area real estate development and/or investment, preferably commercial but I'm open. My guess is that I'm prett...
I'm considering partnering with someone to try and Airbnb. I'm inspired to try running an Airbnb long distance. https://www.biggerpockets.com/renewsblog/biggerpoc... This situation is appealing, as my partner would ...
I've been a real estate investor (multifamily, land, CRE) for 2 decades but have been working on a concept to purchase multiple properties in the US and around the world. The shareholders own and build equity while li...
Hi everyone! First post to BP forums after learning from the sidelines the last few months.
Ok right to it. I haven’t seen or heard really of anyone mixing two types of financing on one deal. Is this common/ethical/...
I'll be doing my first bidding soon but I want to under stand this fully so I know what I'm looking. Let's say I'm looking at the sheriff sale listings and I see something I'm interested in.Ex.Full Notice2. Encore Pro...
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...