Im new to this forum, found it while looking for information about flipping in Toledo, Ohio. I want to stat flipping but it is impossible at the moment for me in the Bay Area. I have been looking at a few houses in To...
We put an offer on a 4 plex. It meets the 2% rule, has a great cap, all units are rented and honestly needs minimal work (although it has great potential to increase rent with a few upgrades as its in an up and coming...
Bigger pockets mentors,I am looking for your take on my situation and what strategies you suggest I explore further. I have read forum after forum, Blog after blog and decided to get some of these wise answers specifi...
Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
Reading another post about people stealing items in STR’s got me thinking about damage or security deposits. Do you use one? If so, does it work? If not, why? How much do you typically “hold”? How do you handle stolen...
Hi! I'm considering buying single family homes out-of-state (Ohio, Carolinas, Tennessee, etc) and curious if anyone has experience with long distance rentals. Obvious to hire a property management company, but are the...
I'm new to REI and another topic brought this to mind...When my husband and I bought our house (that we live in, not an investment), we paid an earnest money deposit that was credited to us at closing. We also paid a...
Hi BPers,Generally it is well accepted maxim in BP that any buy and hold investors should have a reasonable amount of reserve for our properties just in case something goes wrong. With that in mind, wouldn't buying re...
I have an opportunity to sell one of my properties using seller financing. I hope someone can help me navigate the pros and cons. 1. Can I still use this home’s equity for other deals while the buyer is paying it off ...
Hello BP family!I have two new investors who want to partner with me on fourplex and multi-family commercial deals. None of us have experience in commercial investing, but we are aggressively attacking the knowledge b...