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Quick question - if the property in auction has lets say three mortgages open - and only one plaintiff is running in the auction - what happens to the other two loans?1 - Does the plaintiff add up three total loans - ...
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My tenant texted me that he is showing sysdams of asbestos poison. He will be live there a full year at the end of March. My property is built in 70's and I didn't know anything of the asbestos. The property is a town...
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I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
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For those investing in large apartment syndications - what percentage of deals make money, what %age about break even, and what %age lose money?Of course sponsors vary, but wanted to get your experience and feedback. ...
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Hi everyone have read some blog posts but wondering if anyone has came across this subdivision scenario.I have a SFH that is valued around 325k. I have over 50% equity in the home currently. I am in process of subdivi...
Hi there, I just closed a week ago on a primary residence that is my first home purchase. It is a 4-unit building and I was planning to live in one of those units (per the mortgage contract, I need to move in within ...
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So this might be ridiculous that I am even worried about this. I met a contractor at a potential BRRRR investment the other night. He seemed like a really nice guy and he has done a bunch of work for a lot of people I...
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I'm not sure what my options are... I just bought a $171K SFH, rental-A, using 75% mortgage and 25% cash down. I spent $18k fixing up rental-A, rented it, and am getting good cash flow. I'd like to pay myself back th...
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Hey guys, myself and a friend I met on bigger pockets found a deal in our area of San Juan.$400,000 asking price18 units. $10,500 receiving in rent.It has some low cost units as they are not in great condition and ...
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Greetings Biggerpockets Members! Its been a while and BOY has it been a good thing! (Minus missing everyones recent success) Ok, Let me get down to it.
Biggerpockets is the website that saved me from buying a ...