hello all,I'm from southeast iowa and I was hoping to run some numbers in front of all the investors on BP!I'll get right to it. The house I am looking at buying is a 1200 sq ft house with 2 bedrooms, 2 bathrooms, and...
So bare with me here ladies and gentlemen, I'm new and this is my first post. I haven't spent much time browsing the forums as I've been trying to gather knowledge from other sources reading books, podcasting, webinar...
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The Power of Zero is a magical thing. If you can buy a deal with zero of your own money, and have 0% interest financing, you've hit a grand slam. Deals like that do not come around very often, but they do come around!...
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Hey guys, So I've heard this rumor that the goal in real estate is to actually make money. With that being said I am very confused as to how this deal would make sense to anyone. Now I am still cutting my teeth when ...
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Hi All,This is my first ever post on Bigger Pockets and marks an exciting time for me. I am a commercial real estate analyst living and working in Santa Monica, CA. For about 6 months now I have been absorbing any edu...
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First thing's first, I was laid off from my job and thinking of creative ways to support myself and escape the matrix. I have $400k in accessible cash looking to deploy towards real estate. I made another post and con...
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Hello BP,My Question: Which cities are prime for cash flowing 1-4 unit properties and what metrics specifically do you use and from what site? Census Bureau? REIT reports? etc. Anyways, I'm working on selecting 2 cit...
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this is a continuation of my previous thread about the deal i am working on. want your opinions, please.
details:
asking price - 80k
accepted - 63k
75% LTV
cash to the table - ~$18k
rent(good condition) - 1,150-1,25...
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Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
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I'm trying to find good reasons not to invest in MHPs. If 25% or less of the homes are park owned and there is cash flow, what are some valid reasons why I would not want to invest in a deal like that besides being in...