Hello, I am a new member and would like to ask a question. I currently have an investment property in Brooklyn worth 900k with a 300k loan. Rent is $3100 and after expenses I bring in $300 per month although I do pay ...
My brother and I are pretty excited, we closed on a Duplex in Nampa that was being offered as an Owner Finance. This makes 12 units in the last 11 months that we have been able to close on! But this one had an interes...
Hi BiggerPockets! My name is Xa (it's really Alexa, but my friends call me Xa), and I live in Washington, DC. I am a government consultant and am looking to invest in my first investment property in the coming months!...
Hello,I understand that the answer to this question depends on the local market. High cost areas, like SF bay area, would need higher down payment to have positive cash flow and vice versa.That's why I am curious abo...
I own a rental house in a hot neighborhood in Dallas, Texas that was built in the early 1950's. People are demolishing the older houses left and right here and putting up larger homes. Last year, the first home on my...
What is the best housewarming gift that you bring to your first meeting with a seller?Good morning everyone! In the past few months I've been visiting sellers at their homes to talk to them about their situation and p...
Hello Everyone,I have had this question spinning around in my head recently and have been unable to find a reliable source of information to derive an answer to it.My question is: Wholesaling as a Real Estate Agent in...
Hi everyone!I wanted to get some feedback as to your thoughts on the Villa Park neighborhood in Denver (zip code 80204). I am considering investing in this area as I feel that the Highlands and the Sloans Lake hype a...
Hi all -
My wife and I are working on our first deal. Our plan is pretty typical - FHA our way into a duplex and live in one unit for a short period of time, then move to a single family and rent both sides out.
We...
So, I am wondering once one finds the right city, how to find the right neighborhood? To make it more specific, let's say I choose Fort Collins, supposedly a city that is booming, where would I begin to look for a nei...