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Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
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Since I struggled so mightily in finding information about the Pennsylvania foreclosure and sheriff's sale process, I wanted to create a thread going through the process in detail in hopes that this may help someone d...
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Hello everyone,I am Anand and live in San Diego. I have a background in engineering and MBA. My day job is to manage the engineering operations at a large technology company. I am really passionate about real estate a...
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We just purchased a 78 unit property in the DFW area that had horrible management, tons of deferred maintenance, and 25 vacant units..... hope I don't regret it! Thought it might be interesting to those looking at mu...
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Hi Bigger Pockets - long time lurker.Part of my procrastination in buying SFR rentals in 2016 has been that my calculations show negative returns, thus no cash flow. The DFW market heated up rapidly in 2013-2016 and h...
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Hi all. I’m a property manager by day (so wish I could type out a cool superhero gig), and I rent my house to two roommates who pay my mortgage plus additional Cashflow. I need your help please!Do you have experience ...
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Hey BP community, I’m starting out in real estate in the north east. I want to house hack my first property by buying a multi-family(3unit) to live in and rent out the others. When analyzing this deal, is it ok if I ...
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I was just reading a post by someone and he mentioned the BRRR strategy.I like this approach but have a question on the refinance part of it.I am still a beginner and the idea i have so far is to buy a rent ready prop...
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We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
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Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...