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So i was thinking of buying a residential rental property with 4 units near where i live and the seller is asking for $ 4,88,590 and the rent that i assume i’ll be receiving would be $ 876 a month from 4 tenants. So h...
So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.Does anyone know if conventional lenders will still consider this to be a residential property?(Is it still a fourplex?)If ...
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Hi BiggerPockets Community - I'm Paul and like the title says, I put websites on top of Google for a living. What questions can I answer for you about that?I'm a newly addicted real estate investor, and I've been list...
Hi BP! First time poster, couple month lurker ;)Looking for advice for buying a STR in the Smokies. My sister bought 2 cabins recently from @AveryCarl and I think I've finally convinced my husband to get in on the a...
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I have read that now its only legal to invest 10% of your liquid net worth in a trust deed in California. So if you want to buy a 100k trust deed you need to have a cool million in the bank. I have also read that yo...
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Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...
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Hey everyone,I joined BP about 1 month ago and have been soaking in all the info I can. Watching webinars, became a PRO member, reading forums in my spare time and listening to podcasts during my drive time.Just wante...
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I recently bought a property in the City of Detroit from an auction, and it turns out there's a squatter there. Talked to both of the next door neighbors and apparently this lady (with kids 😮💨🤯) broke in and set up h...
Hello all, I am new to the forum and I've been very interested in many of your insightful comments. I would really like some help with my current situation which is both complex and unnerving.
This particular...
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...