It was 1997 and my then wife and I learned she was pregnant. We were both college educated, making good money (I was 25 and she was 23), but we hadn't saved any money. 1997 was the middle of the 1989-2201 real estat...
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Hey everyone, joined bigger pockets a while ago and have been reading, listening to podcasts, and just trying to learn as much as I can. This post is going to be long so TLDR: sick of my cubicle job and being som...
Hello BP,
I’ve spend some hours reading different forums but I don’t think I’ve gotten a direct answer to my questions, so I’m posting it here.
If I have a 2-4 MF and I own it free and clear but it needs some extens...
The tenant reported that they have recently noticed an increase in bugs and spiders inside the house and wasps in the front yard. They got scared that the kids will be bitten by spiders. They would like to have a pest...
Just wanted to vent. My latest purchase has turned into a never ending problem. The guy I bought it from was no doubt a slumlord, but geez the stuff we are finding. Every single water line on the toilets, sinks, dr...
Hi all, I'm new to the industry and trying to learn more about what it's like as a real estate agent (any kind!), and would love to know what you think is the hardest part of the job. What is the biggest challenge you...
Long story short. Found a great deal. Found a private lender to provide the 20% down to purchase the property. In the process of getting qualified for a conventional loan, was told I was unable to use a “gift” of ...
Greetings,I've recently purchased a multi-unit apartment in Los Angeles County (No Rent Control) with intention of living in one of the units. The only unit that was soon expire had some delinquent payment history (t...
This particular nonprofit is paying 8% on 2.5mil loan for a building. The building is worth far more than 2.5mil given it's new zoning and location in Portland. If I had to guess the building is worth at least 10mil. ...