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I was approached by my grandfather about purchasing his property in Southern NJ. He owes $75k on a HELOC (3.25% that matures in 2022) and is ~$5k behind on taxes. He's getting older and just wants out from under it al...
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I’m closing on a multifamily Home next week and the seller promised to deliver the building vacant. The sellers broker called me today and said one of the tenants hasn’t left yet and asked me if I️ want him as a tena...
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I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...
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My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
I'm in MI. My otherwise great tenant contacted me yesterday explaining that he and his girlfriend broke up. He's been staying elsewhere for a while because he didn't want to kick her small kids out. Now she has mov...
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I complete a housing market update each month for my brokerage and for my clients; figured I would share it here in case it's helpful for anyone else. My data sources are Midwest Real Estate Data LLC (connectMLS/InfoS...
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Hello everyone. I am looking into buying my first duplex. I will most likely live in it for a few years then move out and rent the entire thing. one side is rented and the other is vacant. Here is my concern. There is...
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We have an old rental house that is not generating the Cap I'd like. I think that if I rehabbed the property new kitchen, landscaping etc, it could sell for a lot because the area is highly desired. Would it make se...
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How's it going everyone,
Let me start with saying how very excited I am to have found Bigger Pockets. This site is awesome! I've wanted way into the world of Real Estate Investing for a long time and Bigger Pockets...
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How is everyone seeing the holiday bookings this year as compared to last year? Are people holding on to their money or are they feeling good about the future? We keep seeing conflicting views but my personal experi...