I'm currently in the process of purchasing a 16 unit property (8 duplexes) for $455,000. It will eventually be excellent cash flow BUT I have some major concerns that I'd like to get opinions on from others with simil...
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I just bought this building last month. My twenty something year old tenant had 2 unapproved cats and her apartment smelled horrible. I sent her a letter to get rid of the cats. She decided to give her notice and move...
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Setting the stage:My wife and I have been looking for quite sometime for a good opportunity in our area, southern California, beach community. A realtor I've been in communication with called me up and said I have so...
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So a good COC return is a lot easier to obtain when using leverage. When purchasing all cash on the same deal it's a lot more difficult to get a similar COC return, the numbers aren't even close. If purchasing all c...
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Generally speaking, does anyone know of a specific example that shows a high scoring elementary / middle / high school neighborhood deteriorate into eventual disaster and lowered home values (perhaps some neighborhood...
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Hey everyone,I just signed up for bigger pockets and I am interested in getting started in real estate investing. I just finished reading 'How to Invest in Real Estate' and frankly, the book left me with more question...
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If I take out a hard money loan to finance a property that I plan to BRRRR, what happens if, worst case scenario, the rehab is drug out (due to horrible contractors) long enough to where it will not be finished before...
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Im getting an investment loan where the appraised rent amount must met or exceed the mortgage payment. Long story short the first appraiser the lender used was horrible and gave a horrible appraisal amount of 30% l...
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We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:
For those of you with experience loaning out your own funds for short term transactional funding, if you we...
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Just had a horrible experience with 2406 Professor LLC in Ohio trying to buy a quad they had listed. They were aware and in contact regularly throughout in regards to me identifying the property on my 1031 exchange. ...