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I put my 10% down, and am looking to insure the property while I deal with current owner residents. It is my understanding that this needs to be done asap since I am aquiring it as is where is..How should I approach t...
Hey everyone!I've been looking at a few multi-tenant properties in my area, and have a few quick questions. Most of the ones that I've looked at have existing tenants. When doing the calculations in the BiggerPocket...
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At some point, I know I want to have something built. Most likely a hotel, but could be SFH's, or maybe all of the above.Is the first step to go to an architect? Will they help me design the building as well? What are...
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Hello BP! I'm finishing up my 1st investment property and am interested in self managing. What lessons can you share that could help me and other newbies? I've already started a journal with my renovation lessons an...
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Hello BP Community!
I have a multi-family (4-unit) property that my parents and I are looking to acquire in Michigan (Northern metro Detroit). It is an interesting piece and I would LOVE to get some feedback ...
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I am just getting back into real estate. I am interested in wholesaling to build some capital. Can anyone tell me how I get started? I understand the concept but I have questions about how I find the investors for the...
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Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
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Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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Hello fellow real estate enthusiasts. I came across this company who says they do "asset-based" lending, meaning that they provide loans based solely on the property and not the borrowers credit history. They claim ...