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There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
Hello BP community!I figured I would introduce myself and possibly connect with other Real Estate Investors in the RI area. I am currently under contract on my first 4 unit rental property in West Warwick that I will ...
Firstly I’m new to this so any advice or help would be amazing! I recently acquired my first a rental property two weeks ago with tenants who were on a month to month lease. I physically delivered a 30 notice to end ...
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Which do you prefer when sending offers in for commercial property, a short format 1 page sheet with summary of terms leaving it to later to draft the full purchase contract, or do you prefer to send in the offer with...
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At 19 I purchased my first property in the military. With a zero down mortgage i got a 2/2 condo that i plan on renting out in 2 years when I move. The condo should cash flow 100-200 a month. I move in 2 years and i ...
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Hey guys!
So i will be getting licensed by the end of October and am really having a hard time with deciding on a broker to start partnering with. I wanted to come on here and get some of the more experienced agents...
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I've notice that properties are being sold with the printed line "pending at ink" which means the seller accepted an offer before the property gets released on MLS. What I believe is really happening, is that properti...
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Hello all!2019 is an exciting year so far! I hope you all are crushing it! One of my goals this year is to try my hand at wholesaling. I have a good network of both buy and hold investors as well as flippers, so I fig...
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Hello, Biggerpockets family. How are you getting your deals? What works best for you? I'm looking for some advice. I have been looking for my first deal for around six months now and haven't been successful. Heres wh...
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BP Hoosier Friends – After doing a ton of research, I’m interested in out of state buy and holds in the Indy market (primarily SFH but am open to MF as well). I also have close family in the New Palestine area which ...