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Hey everyone, I'm a newbie looking to buy my first rental property with my strategy being BRRRR. I'm looking at a 5 unit multi-family property in a C neighborhood and on paper (based on the numbers I have) everything ...
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I bought an off market 3 plex that was used for one family to live out of, they owned all the units and lived in them all. I bought off market for what I am pretty sure was about 70k less then I thought it was worth a...
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My game plan is I am aggressively saving $600 a month and I have two other people a good friend and a family member also saving similarly. We plan to start an LLC together and buy a property around $40-$50k by end of ...
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I’m looking at acquiring my first property thanks to Bigger Pockets, and am analyzing a residential 6 unit that was originally built in the late 1800’s. The property looks to be in pretty good shape considering its a...
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Hello,
I am selling a property that is currently tenant occupied. I am under contract and have an agreement with my tenant to provide cash for keys. I have a signed agreement from the tenant to accept the terms of th...
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I was offered to purchase a single house for 20k. It’s worth about $160k. However the tenants are elderly, desperate and want to live rent free for ten years. Taxes are about $4k. Needs some minor improvements that I ...
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I follow a lot of post on this forum about gathering information on motivated sellers and using it for prospecting. The big sites are mentioned (List Source, Zillow, Attom Data API) for sourcing house data. It seems ...
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School me please...I made my cash offer of 175K. Sellers counter at $189K. I'm new to a strategy or "hostage negotiation".
The property is overpriced. The counter is not satisfying. How do I respond to my "buyer" rea...
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I have been wanting to scale up my RE portfolio by selling my out of state single family property to my current long term tenants and doing a 1031 exchange into a multi family also out of state. I intend to pass the s...
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We are looking at a property that was once a single family home that now has been broken up into five units. All units are currently occupied and all leases renewed at $700/unit. The landlord is responsible for all ...