I read an article that Blackrock is buying all the houses and new housing tracts with taxpayer dollars to the tune of over 30k houses per year. Turning them into SFR. They are buying above market. Anyone else know ...
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Beware of Joe England! Podcast speaker #206I had a bad experience lending money to Mr. Joseph England. I want to share my experience in the hope of helping others who are thinking of investing with him. I always see h...
Hello BP members!!
QUESTION: What is stopping you from investing in multifamily properties? What questions and/or concerns do you have about multifamily investing?
I joined BP about 3 weeks ago and have been blown a...
Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...
I’m from NYC and I got into virtual wholesaling. I got a property under contract in kiln, Mississippi with a nice spread... I’m sourcing a way to market this property to investors.... any suggestions?
Hello all, I am new to Bigger Pockets, but I've been involved in a rehab for over 3 years now. I'm in a 1,800 sqft SFH rancher. I gutted half my home and put an addition on, and as I tore everything apart, it becam...
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...