Hey guys, so I have recently seen this investor in my hometown is doing this and I felt like this is such a great investing strategy. What he did was:1. Rent a Townhouse/Single Family house for $2200 from a landlord.2...
My tenants are currently on a one year fixed term lease. We are located in LA, California. He and his wife earn upwards of $300,000. They have just had their first child and would like to buy a home in LA. Upon se...
I've been living in an apartment the last couple of years while accumulating more money for my rental investments. In May of this year I started to have some a/c issues. The weather was getting warmer (gets REALLY h...
Hello bp,
I recently graduated undergrad and am currently in law school. I am a pawn to the system and have seen what I pay and my friends pay in college towns. Especially ones that are built around small towns. Big ...
Hi BP,I am having an issue with a place that was supposed to reface our kitchen cabinets, put new hinges on with out any mess as advertised all within 3-5 days. Without further ado, here is the storyMy friend payed 3k...
Hello, I am curious if it is possible or how difficult it is to get a HELOC on a paid off apartment complex. if possible what would be the LTV you could get? How does the bank value an apartment complex.Thanks
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
Hi all,I own a townhouse in Bellingham, MA that I have rented for the past four years. Our tenants lease came up at the end of December and we are now under contract to sell at the end of January. The tenants left t...
Hi BP community. I'm looking for some advice on an offer for a buy and hold rental property that I am looking at. It is a single family house in a coastal community in NC. The backstory: I'm from NC but live on Vanco...
Hello Everyone,I am an investor based out of the suburbs of Detroit and am looking forward to networking and meeting people on Bigger Pockets :).A little backstory: I am an engineer by training but now have a well pay...