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From 2008 to 2013 it was easy to have a really nice run of buying red hot distressed single family homes in the Atlanta market. Homes built from 2000-2007 that had sold from $150,000 to $170,000 and cost $135,000 to ...
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So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
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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 Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
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Okay BPers....I need some input.First - a quick intro. I am new to REI and this will be my first investment. I will be making these purchases through my Solo 401k so the usual tax benefits don't apply and my up fron...
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Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
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Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...
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I have everything ready to put in an offer on a 12 plex in Bismarck, North Dakota (where I live) today and just wanted to run it by my brothers and sisters on bigger pockets before I pulled the trigger. Truth be told,...
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Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...