Reggie Rearden
Killer deal..... I think!
So I think I've found an amazing deal. Its a multi-family unit listed for $240K. Its currently occupied at full capacity with tenants on a waiting list. The gross annual income is $57K. The total cost of expenses is $...
Ryan Veatch
Can I purchase multiple lots under one note?
My dad and uncle recently inherited 4 adjacent plots of land, 1 of which has a house on it. I'm planning to purchase it all from them as a solution to their worries on what to do with it and an opportunity for me to t...
Randy White
Commercial line of credit
Hey BP!
I bought my first Sf rental property over a year ago and have had great success with it even though I bought uneducated and in the blind really. Scary to think how lucky I got. I currently have roughly 50k in...
Andres Bernal
Using a heloc for downpayment
Hey guys,
Im a real estate investor with a few buy and hold in Connecticut. Currently I’m thinking about using a Heloc as a down payment for my next property.
I have two questions:
1. Creating a line of credit wil...
Sarah Sass
Cost analysis: Building costs to add a hot tub to my Smoky mountains STR
Question 1: Does $4698 for materials and labor to prepare my house for a hot tub seem in line?
Question 2: Any 4-5 person narrow hot tub recs to speed up the process? I've been stalking the forum posts to narrow dow...
Kim Frantum
Buying properties at tax auction in Michigan
I'm looking for some advice on purchasing properties at tax auction in Michigan. What issues should I be aware of? I've never participated in an on line property auction and I'm very curious. Any advice is appreciated!
John P.
Financing for next property (while not compromising next primary)
I currently own and live in a 3 family, and am interested in acquiring another 2-3 family this year as investment. My family is also passively on the market looking for a SFH for us to live in, or land to build our h...
Brett DeLine
Explanation
Hey BiggerPockets Community,I ran across a sparsely worded ad on my local Craiglist and was hoping someone could break down for me what is being offered by this individual. I'm not looking to invest as much as educat...
Craig Willard
Bad Accounting
I found a stash of duplexes that I have become interested in potentially purchasing. The numbers look solid at 13% Cap Rate. The 2% rule is at 1.5 and COC return is close to 30% (20% down). After feeling good ab...
Cristian Correa
Owning property in Los Angeles
Hi guys, so I currently live in Los Angeles, an expensive city and well.... I grew up here and have wanted to own real estate for a while. My parents own real estate here, and for them it brings them approximately 5,0...