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Simple question honestly, how rural is too rural to invest. I live in a town of 602 (I commute for work) we have a town of 10k 9 miles west and a town of 5k 20 miles east. 100k+ populations are 80 miles either way. ...
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Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
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I do not have experience with this topic and looking to understand the ins and outs. If you buy a rental property with a mortgage and there is a significant amount of damage to the property due to fire so that no unit...
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Hi All,My husband and I recently bought a 90 year old 2 family home in Northern NJ. We had what we thought was an extensive home inspection completed, including a termite inspection. We planned on doing renovations,...
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Hey Bigger Pockets,Many of us in the capital district are aware of the new casino being built in Schenectady, New York. It'll be ready in 2016, about 40 minutes away from Albany and Troy. I'm still a newbie when it co...
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I wanted to see if anyone has thoughts on whether or not the Illinois real estate market is a smart place to be investing given the current budget issues?
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Please provide your best strategy for selling turnkey properties. I'm rethinking my 2014 approach. Thx1. What Cap rates?2. Do you guarantee rents for 4-6 months?3. Do you offer repair warranty?4. Should property...
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I find many listings in Detroit Metro suburbs that appear to have a 30% cash-on-cash rental value - e.g. $40K in a decent neighborhood with $1100/mo rental value.
I'm sure some of these require work that would reduce...
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Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
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Hi Bigger pockets crew
I'm from the Bay Area and considering to invest out of state. I wanted to get insight from you folks about investing in Arizona, I'm targeting multi family and plan to work with a reputable pr...