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Let's say I buy a 50 unit apartment complex. My mortgage is fixed. Expenses such as taxes and insurance will likely rise slowly over time. Now if I raise the rent $50 per year on all 50 units (perfect scenario to demo...
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Due to injury the "wife" (unmarried couple) was out of work for 3 weeks. The "husband" just emailed me. Injury occurred 3 weeks ago but they didnt inform me about paying late. They write. "We will be depositing as muc...
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I posted an ad on Craigslist and I had an investor reach out to me and tell me that he is looking for wholesale deals in the area that I live. Upon further inspection via White Pages and LinkedIn it seems that he is l...
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Hello. I have been a long-time lurker here on BiggerPockets, and have learned quite a bit by reading forum posts and blog articles. A bit about my background: I am in my late thirties, work as a software engineer for ...
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Quick question . . . . looked at a property listed around $75,000. The agent we contacted that we have used on other properties (which were over $100,000) is saying that we as buyers would need to pay the difference ...
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Tapped into my primary home equity and have a $100k HELOC. Want to secure another $40k for DP without using my reserves. Single family property with ADU. Main house and ADU has long term renters wanting to stay. $700k...
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Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...
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I am looking for some advice from SD IRA and HUD/FHA Multifamily financing experts here. I am interested in a 8 unit multi-family (7 residential + 1 commercial units) in Rhode Island. I would like to set up an SD IRA ...
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Just got a message from a current guest in one of my STRs. The family is there for 2 weeks. When they booked, she mentioned kids, but I assumed she had noted that the listing says 'not suitable for children'. (The hou...
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Does anyone know the process to wholesaling/flipping bank owned properties? is there a particular way to maneuver around it. Thanks ! Leo Robinson