I'm a new landlord, haven't even collected first rent from tenants yet on a 3 unit in a city of about 100k population. Neighborhood is rough in an ethnically diverse section, but property price and rents seemed good. ...
The flip I worked so hard on for my first time failed, and now the bank is selling it full price without me. I am now 26 years old, >$100k in debt, and my credit is shot.Here's the house:Jamestown House on ZillowAn...
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
Has anyone here worked with Memphis Investment Properties before? If so, can you tell me about your experience with them? How are the property managers? Any issues?Thanks in advance!
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
I need advice!! On Aug 3, I removed all contingencies because my loan officer said that everything checked out on the appraisal he received from the VA. He wasn't allowed to show the appraisal until the VA "cleared" i...
I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
Hello,I am a new investor looking to make my first commercial RE investment. After working with an agent of a little over a year, I have been unable to find a suitable investment property as most in my area are which...
BiggerPockets is a great place to come learn about real estate and network with other investors. Our members run the entire spectrum, from newbie to expert, wholesalers, flippers, landlords, and professionals like att...