I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
Hello Bigger Pockets!My wife and I acquired a 6 unit apartment building in July of this year. Three of the units were empty when we purchased it. One of the three units was fully renovated and we rented it immediately...
@Terry Free has a post in another forum category that someone should come up with a real estate investing video game. While I am no computer programmer, (I'm the guy who calls support and they ask if it's plugged in....
I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
So far I've been working with an agent that has, to my knowledge, never worked with an investor. Over the past two years though I've bought 2 properties with her help. She pulled comps and we talked about what rent ca...
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...
Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...
Welcome to our new question of the week! As the newest market and economic data has rolled out the past few weeks, many investors are looking at decisions of how to move forward. Will there be deals in any market clim...
Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...