Hi, I am currently looking to buy a 36 unit multi family apartment. This will be my first multi family apartment. Can you please let me know if this is a good deal?Asking / Agreed - $1.35MTotal Income - $210,000 ...
How much legalese do you include in your leases? Is an indemnification clause illegal in Colorado? I’m using the lease that I got from bigger pockets a couple years ago and my perspective tenant says the laws have cha...
I am trying to close on a duplex. Have had multiple extensions already due to appraisal issues. It's taken over a month and at least 4 completed appraisal reports that were incorrect (literally filled out wrong and ba...
Hello, I'm a newbie and recently bought a rental. Now we are looking at a foreclosure to flip but I'm a little nervous about a possible second lien. In doing my title research through the county records I found a "b...
What would you have done differently when you first started? What mistakes do you think new landlords often make? What advice would you give somebody just starting out?Let's give the startup investors a heads up.
Hubby and I close on first rental investment property next week!! Exciting, nervous, all the feels. We are following the BRRR method, so I’ve been doing my homework, but have a couple questions for the experienced. P...
Looking to get started as a flipper, but we need to build capital. I’ve been looking into wholesale deals. I found a few pre-foreclosure deals that I think would be great flips in an area where houses are going fast. ...
Hello,My name is Mark and I reside in the Palo Alto/Menlo Park area of Northern California. I stumbled into and started listening to the Bigger Pockets podcast early November of 2015. I'm doing all I can to educate my...
The IRS decides to audit Ralph, and summon him to the IRS office.The IRS auditor is not surprised when Ralph shows up with his attorney.The auditor says, “Well, sir, you have an extravagant lifestyle and no full-time ...
I want to start in whole sale real estate, I know what it is and I know a little bit about it, but I need a mentor, I told my parents about it too, they said I need to look for one. The thing is I don’t have money to ...