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I have been listening to the Bigger Pockets Podcast and the term A class, B class, and C class comes up often in respect to property pretty often. I've deduced an A class property is a newer property that meets the cu...
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I dare to invest in my first rental income property. I want to start small with perhaps a $50,000 home and rent it out while adhering to the 1-2% rules of cash flow.
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Hi BP,I've mentioned in earlier posts that I'm considering a career change. I've always been interested in the lending side of real estate - specifically on the commercial side for local community type banks.If anyone...
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Should I be weary of buying a foreclosure that has been foreclosed on twice in 5 years? Its in a good area that will allow me to have my pick of tenants. It needs about 10K of work to be in top rental shape again. It ...
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I am looking at buying some mobile home parks and turning the park into a modular home community. The plan is to buy under preforming parks and getting nice middle class modular homes (new or close to new) put in and ...
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Hello all, My name is Marco and I am new to investing in real estate. I've been meaning to do this a long time ago but I didn't think I was ready yet. but now I think I am ready. (kinda)
You see I live in Brooklyn an...
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Question about how to refinance your personal loan into a fixed rate 30 year commercial loan so it doesn't show up as personal debt. I have (2) commercial loans right now. Commercial Loan 1: has (3) houses on one lot....
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I was looking into hard money lenders for buying an auctioned house online. Can someone describe their process of buying an auctioned house with a hard money lender and other steps in buying an auctioned house? How lo...
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Closed my first deal a few months now in Houston but I am stuck. To keep it short and to the point, I had to put about 10k more into the property due to a bad contractor. I bought it for a rental property but the work...
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I just bought a property that needs a lot of work.. including: rear deck needs to be torn down and new one put in, section of band and sill at foundation needs replacement, all new siding needed for whole house, all f...