We're evaluating a deal that involves a Section 8 tenant already in place. We've read that the government will guarantee up to 70% of the rent on behalf of the tenant. However, I do know that Section 8 has a bit of a ...
Good Afternoon BP's,
Two-bedroom, Single-family house, listed for $110,000 (rounded), with an estimated mortgage of $680 (rounded). According to Huduser, a Section 8, two-bedroom unit would rent for $1,250 (rounded)....
Hello all, excuse my question and I hope it doesn’t sound stupid. With a potential recession looming and perhaps may affect real estate, I wonder what fellow investors’ thoughts on what’s considered over leverage? Wha...
Hello BiggerPockets!
Another successful Fix & Flip completed out in Ocean County, NJ.
This project was a success and another great learning experience operating the project from a far.
Thank you to my team &am...
If I have a company "ABC Investing Corp" that only my father and I are partners in, can I, Khadijah assign a contract to "ABC Investing Corp" for a wholesale fee?Also, lets say Khadijah gets a contract to purchase 123...
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund. I'm getting t...
Hi BP Community,
Has anyone here had experience investing in Detroit with Section 8 tenants? Is the program really as problematic as it’s been portrayed? Any insights from your experience, whether positive or negativ...
Hello,need some advice on a property that I am looking at. It is a duplex that is small, 1,100 sqft. Two one bedroom one bath apartments that need updating. It is going for 109,000 I want to try and get it for 90,000....
Where should I start? I have so many questions.Any recommendations on certain books I should read? and podcast I should listen to? For a beginner investor in RE with limited finances (I am Active Duty Military), What ...
Hi everyone,
My parents have owned a 3bd/1ba investment property in West Hartford, CT for 20 years. The property has been rented for nearly this entire time.
The house has a good amount of deferred maintenance, is n...