I'm looking into a 1925 duplex in an "over-and-under" configuration.There are two units, each about 700 square feet, and the downstairs one is partially below ground (there are windows high up on the foundation). The...
I am interested in buying REO's probably for flips. I am seeking clarification on the process of how a property becomes REO. A bank, private lender, or government forecloses on someone for nonpayment. Then, the proper...
Property is listed for $44,000. 5 units, 2 / 1. 4 units currently rented, (430x3, 400x1).
the 5th unit needs slight rehab. it needs a kitchen sink, kitchen cabinets, some areas painted, 2 interior doors, laminat...
Just out of curiosity, what would you pay for this?
4 Two bedrooms, one bath
No less than $400/mo, identical units in next building are going for $475.
Needs 20k in rehab
...
20k...
i can buy an inner city home tenant occupied unit. tenant pays 625 rent. taxes, insurance and water equal roughly 125/month and 10% monthly to maintenance leaves around 450 cash flow a month. i will...
Last night my tenant reported that both the washer and dryer stopped working properly. I suspect the dryer stopped working because she overloaded it with soaking wet clothes that had not been through the spin cycle...
Hi guys,I'm thinking about buying property in Cape Coral vs Lehigh Acres. What is your opinion?1) Most of the properties in Lehigh Acres seems to be C or B - I might have an issue with tenants (eviction, on-time payme...
Hello everyone,
I have been listening to BiggerPockets for about 1 year now. I’ve always been interested in real estate but the numbers have scared me. Listening to the podcast has changed that but I’m starting to re...
Hello All, My partners and I own a 4 plex in San Antonio. We are planning to 1031 into a storage property. We know nothing about storage. We are all absentee owners and have been blessed with a great management compan...
Hey BP, I am slowly pushing forward on my real estate journey. My current "hurdle" is finding a lender. I say hurdle because it is something that I know is critical but is also very intimidating. I have a set criteria...