I recently launched a marketing campaign and received a call back on a four unit property valued at about $1M. It's a bit out of my league for myself but there is definite potential. Being new, I'm not sure what I sho...
Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I h...
Hey guys, so I want to share my experience with you guys, I hope it inspires many of you who are starting out. I am from Venezuela and moved into the U.S only 11 months ago at the age of 21, as soon as I arrived I sta...
Ok, so I’m new to real estate investing. I just flipped my first residential property. I am ready to sell in the next 2 weeks. I would like to get my next one under contract as soon as I sell this property (without us...
About a year ago I picked up a fourplex about half a mile down the road from Robinson Elementary School in Raytown, MO. All units are 2 bed / 1 bath at 850 sqft. I've had a tough time filling a vacancy since September...
I'm new to the REI market but actively seeking my first investment. I am debating on whether or not I should pursue a foreclosed home and renovate or buy a duplex.-I have found a foreclosure in my general area for rou...
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
I’ve come across several properties that are short sale on the MLS. Could anyone provide me with their own insight or knowledge of these in terms of pros and cons or the general process? Thanks in advance!-Alex
Hey guys. Thanks for taking the time to read this post and hopefully reply. Hopefully this is the best section for me to post this.My name is Chris. I am a fairly newly licensed RE agent in San Antonio. I've got inves...
Hi Biggerpockets! First time poster, recent podcast subscriber here.I write this post as my wife and I have been trying to figure out the appropriate course of action to do with a property she bought back in 2013 as a...