Got my first tenant. He was in a rush to get away from living with a alcoholic brother. He is soon gaining peace of mind.:) broke over a half dozen clauses in my lease currently by moving in. This is low income ar...
I have a 6-unit complex (not in Detroit, MI) I am looking to pull cash out of. I purchased this property and have completely rehabbed it, and looking to pull out cash. Would prefer to go the DSCR route, or something...
West Philadelphia born and raised, on the play.. you know how it goes. This is my first post on bigger pockets and I’m Extremely excited about real estate investment in my city. What I want to know am I jumping the gu...
Is anyone else concerned about upcoming inflation with regards to commercial properties? For example, if interest rates substantially increase over the next 5 years, a typical commercial balloon loan may need to be re...
I currently live in a college town that was hit pretty hard by speculation and foreclosures. The property I am looking at sold for $125-140k back in '07. The complex is around six years old and in good condition. ...
https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/05/26/metro-phoenix-home-sale-prices-rebound-2006-record-recession/634028002/“Could June be the month metro Phoenix home prices rebound to the re...
Hi everyone, I'm currently looking at a ~1100 sqft 2 bed 1 bath townhouse with a finished basement in a B-class neighborhood. I've been to see the house twice and it does not need a lot of work. It's basically move-i...
Here's a question that I know is without a hard answer because it is location specific, but I'd like to hear what people think. We currently manage 17 doors. They range from SFR to a 5plex, and I'd like to say they ...
Considering investing in a 5-plex. Planning on living in one unit for a while. I hear rumor of how taxes and other things change from 1-4-plexes to 5 and above-plexes. True? Could anybody point me in a direction of info?
I have started applying some of the the things I have learn from BP and several books. I started driving dollars. I identified two properties, sent them letters and now have one under contract. The property had a hous...