Ian Skelton
4 plex second (third, fourth, etc..) opinions
Hey BP. I am learning analysis and want some second (third, fourth) opinions on a Brick Quad with (4) 2 bedroom 1 bath units. I would probably call this a C+ area. This is a buy and hold. Also, thanks in advance for r...
Andre Wilson
Is this a good 1st rental?
Hello BP,Last night I came across a good deal where I feel this can be a great opportunity to acquire my first rental but wanted more insight heres the breakdown:The property is located in the city where there is some...
Mary Jay
Couple with delinquencies or a guy with out of country employment
Hi guys,
I need your advice please. I am trying to rent out one of my rentals and it is $500 per month , 1b/1bath house.
I have a couple of tenants who I run a credit report on and here is what Ive found:
1) A Mil...
Sunil Kumar
$40k REO Condo - Originally 130k. Buy or Not Buy?
In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
Jonathan Jewell
Making the offer. PART 2 I'm now under contract! but problem...
Hello fellow BP'ers Original post was how should I make the offer which is here. https://www.biggerpockets.com/forums/432/topics/47...<<<PART 2>>>I now have this multi-family under contract!!!, b...
Steve Cook
HELOC to fund Down Payment
Hi Everyone,After diving into real estate about 6 months ago, I've successfully added 3 properties to my portfolio. Each property is successfully cash flowing and has a 1-year lease in place. There is no major defer...
Edward Salazar
Bought a 10,000 SF Warehouse, but is this even possible??
Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
John Wright
Using life settlements to finance real estate acquisitions
I have been buying and selling real estate for about fifteen years in several different states. I have had major ups and downs both in spite of and despite the pricing bubble that we experienced. Mine has been a suc...
Chinagolum Adigwe
First time investing in New York City (NYC)
Hi everyone!I'm a recent graduate (22) who is going to be beginning their career in Midtown Manhattan once the world opens back up. At first I was going to pursue the rental approach, but believe that it would be more...
Michael Weber
Is the financing a good deal on this property?
Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank. Are they good? Are they pretty standard? This is my first time se...