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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
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Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...
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Hello BIggerPockets,
I started this discussion to get some thoughts and opinions on how the Coronavirus might affect the housing market. Mainstream media has been reporting about it nonstop for the last few days, sta...
Hi,
I am experiencing a horrible issue with evicting my tenant who refuses to pay rent and has not paid rent in almost 7 months and used legal aid to withhold rent.
I sent an order to evict my tenant for non paym...
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At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
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Hello BP Investors,I have a straightforward question - unless you somehow are able to make it complicated. How do you structure your wholesale deals? With the seller and with the buyer? Example - the seller:How long t...
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First post alert! Greetings Bigger Pocket Family!For those seasoned investors (or newbies), how did you get started? Let's be honest, there is a wealth of information found all over the internet and in Podcast. Howe...
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One thing that continually boggles my mind, and I often hear on podcasts, is how are people able to scale so quickly and buy their 2nd, 3rd, 4th, 5th properties so quickly after the first (often within a year of buyin...
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Hi everyone!
My name is Melanie Stephens and I write a column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate.
I am looking for stories from BP members about that ONE deal or ...