I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...
Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...
I have found what could possibly be a great starter investment house, or possibly not. I, of course, would want to see it in person, have it inspected, etc and do my due diligence before moving further. On the su...
I am in the process of starting a short term rental consulting company offering the services of str marketing strategies, how to manage your own rental, how to find the right property management company, finding the r...
We are under contract for a 4 unit apartment complex in Taft for $170k.Each unit rents for $575. Currently, there is 50% vacancy. It was advertised as fully occupied. I talked with one of the tenants who has lived the...
I have a pair of tenants that are known by all tenants as the drug/pot dealers but no one is willing to testify.Before they moved in, I checked their background and they had nothing bad. I could not talk to their prev...
Hey all, My husband and I are in escrow on a place in Yucca Valley, CA (just west of Joshua Tree) that we plan on STRing. Has anyone submitted an application here recently? Or been approved? I'm looking over the appli...
Hey everyone,Getting started in REI here. Haven't bought anything yet, still doing research. Can anyone give me the story on management companies? Should I use one or not? How do they make a profit from my (future)hou...
Hello Everyone,My wife and I have been wanting to purchase STR for years, but are now ready to finally start purchasing properties in 2023. The biggest issue is that I need help purchasing my first deal from start to ...
I know it gets asked often, but the BP search tool is...challenging.What MF Mentorship programs do you guys recommend? I've been looking into Jake and Gino, but wanted to get some opinions from those who have been th...