Christian Carson
Redeveloping a mobile home park
Hello fellow investors,
I have an opportunity to purchase a large, 100+ unit mobile home park. The 28 acres it sits on is highly valuable land, the park is dilapidated, and the owners are behind on taxes. The...
Mike Johnson
Parking issue part 2
Hello to all. About a year ago , I got a letter from my association that stated one of my parking stalls were deemed illegal by the city. I understand why since its blocking a walkway and fire hose station. I shou...
Brandon Woll
Found a house, Forclosed by BoA, County says BoA owns, but they claim they don't own it??
Hello,I was driving around the other day and found a distressed property that I am interested in purchasing for myself.Upon walking up to the front door, there was some notices from 2011 that the house was winterized ...
Joe Butcher
3 X the rent on lower income?
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Jake Meir
Marketing for off-market motivated sellers
What are the top lead generation strategies for off-market, motivated sellers for houses and small multi-family? I’m looking to identify where to focus my time for marketing. I have seen a lot of people say it depends...
Account Closed
FHA 203K Renovation Loan - Questions
Hello BiggerPockets family!
I have a house under contract that I am using an FHA 203K loan to purchase. I am completely new to all of this and was hoping to get some advice from everyone here.
My first questions is...
Jamie Bergstrom
Condo rental not getting traction
Hi all,I have had my condo listed for rent for close to a month now. I have had two people inquire (without responding when I answer questions) and no applicants. I believe I have priced it fairly based on the unit, c...
Hersh M.
History Of US Real Estate Bubbles
Recently while looking for resources on past real estate cycles, I came across below 2 articles.1. http://www.businessinsider.com/the-economic-crash-...This article has a lot of data but is missing the explanation for...
Kyle Howard
Can a Quit claim deed get the job done?
I have a potential deal where the sellers are deceased and the property is behind on property taxes. The daughter of the deceased parents still lives there and has no issue with me getting the property. I believe that...
Salil Prasad
Rent increase for section 8
I have a house in Newark, CA rented to section 8 tenant for nearly 2 years. When I first rented, I was asked to lower the rent even though my asking rent was $200 lower than other houses in the community (same size a...