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Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
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Hello forum!
I was reading a bit of the posts here and after seeing how friendly and knowledgable everyone was I had to sign up. I'm looking forward to talking with everyone on here, learning and make new friends.
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Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
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Hello gurus,I am new to investing. My plan is to have 10 units/SFH/Condos etc in 10 years. I plan to buy and hold them and rent it for positive cash flow. The plan is to have something around 13k in rents from all the...
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A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
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Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
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Hi Everybody, I'm looking for some ideas/advice and wondering "what would you do" if you were in my position. This is for fun but I'm seriously looking at hitting the reset button for the next chapter of my life and I...
Hello all, my name is Rianna, I am 22 years old and I have been using Bigger Pockets for a few years now just to get some knowledge on REI. I have some experience wholesaling but I am still working my full time job. I...
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Hi there, I am a new real estate investor, living in Los Angeles, with access to the capital needed to build a real estate business. What would you do if you were in my shoes and just starting out?
I am most interest...
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I am just starting out.
I have done research all during 2013 on how this process works. I have visited many single family homes in my area listed on the MLS with the intention of buying them on the spot if I ...