Luis Y.
First Property mistake and lessons learned
Investment Info:
Townhouse buy & hold investment in Mililani.
Purchase price: $395,000
My very first purchase... made a lot of mistakes. Started Househacking with the property and after about a year ...
Michael Lauther
What are the issues with this note.
We are trying to settle an estate: 3 siblings want to hold a note for a 4th .
Property is appraised at $360,000
3 siblings will hold a 270,000 5% interest only note with a 5 year 270k balloon.
Ta...
Shawn S.
Insurance minimums
Right now I only have 300k scheduled for liability on the first property we are closing on. I could pay $55.00 more per year on a $700.00 policy to up that to 1m. I'm thinking this is a good idea. I am being tol...
Troy Bevans
Just purchased first my first manufactured home
I managed to purchase a 1982 3 bedroom / 1 bathroom (with jacuzzi tub) home, with all working appliances, w/d, furnace, updated water heater, very large shed, and some updated flooring for 2K. My initial intent w...
Vincent D.
Home Runs or Steady, Ever-Growing Revenue?
Newbies on the "fringe" often hear about real estate investing through sources which churn up emotional enthusiasm over the thought of "quick", "easy", and/or "huge" profits. In truth, very few ever have the "home ru...
Justin Morris
Is this a great deal?
Deal break down,
3BR/1BA
1564 SQFT
Built 1930
Asking Price: 49k(can probably get them down to 46K)
Closing Costs: 1k
HOI+Taxes:$400 a month
Rehab Costs: 5K(basically paint, could upgrade appliances and carpet)
Tota...
Jonathan Beaumont
Renovation for one bedroom
What is the average total cost for renovating a 750 square foot one-bedroom co-op in New Rochelle, NY? I want to have the following completed.
1. All the walls fixed and painted. (The walls have minor holes where she...
Marcus Trujillo
Single or multifamily starting out
Ok guys I am brand new to bigger pockets and am really excited for the future of investing. I am currently saving for my first property and am saving $1500-$2000 a month to get the first down payment. I drive semi and...
Tim Racho
Southern VT Vacation Rental?
My wife and I are considering making a 3-BR, single-family home in Lower Vermont our first real estate venture. Currently renting in CT, we are considering doing this as a long-term investment that we could stay in a ...
Jo W.
Section 8 and kids under 6YO - Is it heavily regulated?
Hello BP members,I recently bought a 2 unit SMF in a low income neighborhood (Buffalo NY).I had to evict the upper unit and renovate, now starting to look for a tenant.I priced it a bit high for the area and i have on...