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I have been looking in the Saint Louis area for single family/multi-family housing. When I search HUD listings, A lot of the listings are in a specific area of town. What can this possibly forecast or mean? Is this an...
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I have three duplexes with interesting characteristics. When both units are rented the CoC (after insurance, taxes and PM fees) are about 20% CoC which is very good. On the other hand, the vacancy rate is the highest ...
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ok so this POS seller had a broken water main and mold in the basement. So it wasnt ready she was in breach of my 30 day due diligence. but instead of pulling out like a smart person I went for It. because I wanted th...
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My name's Sebastian. I live in Chicago. At the moment, I just started the first half of the courses for the real estate exam in Illinois. My mother was a realtor in Florida before the crash and I helped her often, so ...
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Hello BP'ers!I know that one of the most important things a new investor can do is to learn their local market. So over the past few months I've been watching every multifamily property that goes up on Loopnet in my a...
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1. Say a house is bought for $40k, $15k repairs needed. ARV $100,000. What is as is value? For a low priced house like this will you require an appraisal to determine it, or go off some desktop estimate?2. Once as is ...
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Hi, i am a new investor and i would like to know who are the best wholesalers and how i can start? If anybody can help me will really appreciate.. Also if anybody knows which wholesaler, small or big companies, is giv...
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Hi! I’m a newbe here. Need some views on this deal I’m interested in. This is my first one which I’m planning to put an offer on.Asking price:135kGross annual income: 29500Taxes:4500Units: 4 (fully rented-all studios ...
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Hi, I am currently studying rental properties and often check out the groups on Facebook. One thing I wish is that BiggerPockets create another section of all the terminologies to know and understand so that I can one...
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Looking for anyone who knows about or has any interest in Buena Vista, VA. The town has the right fundamentals for me. My parents and extended family have relocated there (Lexington, Virginia), so my network is extrem...