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My situation looks like a new investors dream deal on the surface. A 250 unit apartment, with owner financing that currently cash flows. The rents are well below market and the complex needs about 750k worth of renova...
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So I just finished doing all the calculations for this flip. Man it was a beast. Almost 10 months from close to close and a huge project for a first time flipper.So here's what I got:I had a call from a direct mail ca...
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Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
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We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
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Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
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I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
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Hello BP Members of Great Falls, Montana,
I love to network. I love to hear people's stories. But I don't like reaching out to profiles on BP that don't actively get used. I just wanted to see who in Great Falls, ...
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Hey all. This is my first post on BiggerPockets and I look forward to interacting with everyone! I am two years out of college and it is clear to me that there has got to be a better way to financial freedom then my c...
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Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
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I need some input for a SF specific situation that no one but those who knows the tenants laws in SF could possibly understand:I purchased a 1 bdrm TIC to live in, moved back home temporarily (so I thought) when my mo...