I just bought a 4 unit in a C neighborhood and inherited all of the tenants. They are lower income and though we've only collected rent twice, 3 of the 4 units paid late. I came from a lower income and understand that...
Hello BiggerPockets community,
I've been searching the internet lately, sifting through a multitude of deal analysis tools, Excel templates, proformas, and DCFs, all aimed at deciphering the viability of multifamily ...
Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
Hello everybody
I'm attending a foreclosure auction tmrw morning and pulled a few of the properties. I visited 2 of them and 1 of them was very wanting to sell by the end of our discussion, doesn't trust her current ...
We are working to rebuild the BiggerPockets forums in order to better serve our members. In doing so, we're hoping to get your suggestions for doing so.
If you have any ideas for features that you'd like to see on t...
I'm 23 and graduated college last year and have thus far paid my student loans down to $163,000 (yikes), with an interest rate of 6.62%. Before taxes I will make ~$80,000 this year. I work in a very stable industry an...
I'm new to BP and excited to be part of the community!
My situation: I have been learning about REI for a while and recently decided to start actively exploring opportunities. Today a realtor contacted me about an op...
Hi BP Community,
First off, thank you so much to everyone on this site and who help to run it. It is a unique web property to bring individuals involved in real estate together.
My name is Martin. I hav...
There is a triplex in my neighborhood that I would love to grab. It’s being rezoned so the possibility to build two more units on the lot would be possible in the near future. I reached out to the seller (or the selle...
Hey everyone, A tenant in one of my properties wants to open a daycare in a rental i own in Garland, TX. Has anyone ever done this? What do I need to protect myself from liability? I assume I should make her incorpora...