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I am looking into a 4 flex right now that provides about $1,000 a month of positive cashflow.. Why is the bank short selling it? How can someone not pay a mortgage of $700 on a $2000 a month rental income.. Very confu...
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I know, I know there is no money at the end of this story so why post it here? Because today I took ACTION. I had found a foreclosure auction in my town that had an LTV of 40% this was two weeks ago. I procrastinated...
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So, it is a commerical property. It has 4 units but currently two businesses: one used 3 spaces- the other the remaining.$1917 rent from tenant 1$800 rent from tenant 2 who pays all water. (Long term tenant whose rent...
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I’ve been analyzing deals and everything in my area seems to have such a low profit per door once I factor all the expenses and the mortgage and I feel like I could potentially be more conservative but dont want to ta...
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Hi guys,
1) So I have an insurance broker and it seems like the properties I have with him keeps getting inspected by the insurance companies.
Our house that we live in is with a different insurance broker, 10 min a...
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Hey BP,We (my wife and I) have been buying properties cash and also rehabbing them with cash. Then we do a cash out refi and pull out most of our original investment. BRRR, right? I do think I have seen it also do...
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I've got a contract on 2 houses to wholesale and have been advertising heavily for a buyer for a couple weeks (classified ads, bandit signs, craigslist, other online sites), but haven't gotten any calls. I've got comp...
Hey guys!I just made an account, working through multiple books and am eager to be a part of this community. I'm very new to real estate, but after finishing my law degree last year I'm starting to realize how much th...
I have recently inherited a house (free and clear), however, the house is over 50 yrs old and will need anywhere from 60-80k to be able to receive max rent. Is it more feasible to just refinance that house and BRRR an...
Dear Bigger Pockets Community,
I am moving overseas soon and looking to share a percentage % (maybe 10-25%) of the profits from rental income as way to create vested ownership in properties with the incentive for th...