I am trying to wholesale my 1st property. I contracted for 35k + my fee. Investor went to look at it today. When I called her to get feedback she wouldn't answer phone, but later sent me an email offering me $15k. She...
A friend of mine recently bought in Las Vegas. He sent over some zillow pages where condos with $800-$900 current rent are asking around $100K. This is yielding about 9%! Even with $170-$200 HOA this seems too good...
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
If you hang around the real estate investing space for any amount of time, you will hear the term “1031 Exchange.” You’ll likely be curious why this strategy creates so much excitement, so that is what we’ll walk thr...
Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
Hello everyone,I have a single family rental in a A quality neighborhood that has been nothing but fantastic for the past year and a half. The original tenant was a Godsend and honestly just paid us to use the 1350ft^...
I'm looking at increasing my deal volume by bringing in an outside investor for house flipping. The target would narrowly be SFHs needing cosmetic repairs (i.e. flooring and paint), can be rehabbed in less than one mo...
hello everyone,I am about a year away from graduating school down in southern MA and am currently saving every dollar that I can to start my investing journey with a bang! My parents and I are investing in the Fall Ri...
Hi Biggerpockets,I have identified a handful of markets (Youngstown Ohio, Elmira New York, Rochester New York, and Syracuse New York) that seem to be a right fit for my investing philosophy. I am planning a trip where...
Hi my name is Elliott. This is my first post here. I've been saving and educating myself over the past couple years and am about ready to make my first investment in a rental property to help on my way to financial fr...