What mistakes do most people make when they buy their first rental property. How should I get started?
I've had a few discussions lately with Apartment Syndicators and/or mid-to-large Multi-Unit partnerships sourcing deals into their pipelines and with Wholesalers who have good systems in place for Single-Family Home d...
My 1st deal is a winner , I purchase a duplex for 350K I put 3.5% down with FHA loan that's 12K So I levaged 337 K @ 2.5% When I purchased, rents were 800 each side , Which were under market Since then the market h...
http://blacksburg.craigslist.org/reo/5477336792.htmlThe language in this ad makes me think this maybe is not really a "desperate owner", but perhaps another investor..thoughts? Suggestions on approach to find out? I'm...
Hi. I hope this isn't a stupid question (in case there is, in fact, such thing), but what you recommend a wholesaler put on a business card (other than one's contact info, of course)? Does the usual "I buy houses" r...
Hi All! Can someone please clarify this for me? Let's say the purchase price of a house is 200,000. I put 20% down that's $40,000 so my loan would be for $160,000.Let's say it's a 30 year fixed at 4%.This means :$763....
Dear BiggerPockets,I've heard from investors that you want to see 50-100 properties before making your first deal. My real estate experience is mostly education from podcasts and books I've been reading so I wanted to...
Wondering what the best websites are for doing home comps. I know most agents use MLS. Sites like Zilliow can be so far off at times. I am told that each City has a preferred listing / comp. site. The cities that I am...
Hi all,For those that get some of their properties on the MLS, I was wondering what your conversion rates were as far as # properties you see physically, # properties you put verbal or written offers on, and ultimatel...
In my previous flips, I went with private investors, But thinking of going all by myself this time with hard money lender. One of them already pre-qualified me, and I am looking at a deal right now, but I would lik...