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Hi all,Wanted to recap my first multi-family purchase experience. For my previous success story check out my other post on 5 SFR we currently own. My business partner and I have been looking at multifamily units since...
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Controversial TV flipper & Real estate Guru Armando Montelongo is coming to my town next month. I don't have much knowledge of him other then what I have read online & seen of his show. His show was pretty ent...
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I have an accepted offer that is 20k over list price. Are there tips on influencing the appraisal or is that something I can't control?
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Hello BP,I have a situation that im not sure exactly what to do in so I hope someone in my Norcross, Gwinnett county area can give me some guidance.Here's the story. Im not sure how to make this sorry short sorry in a...
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I'm in my data gathering/learning stage and yet to do a deal (except the three homes I've owned and a few business deal/leases.) In any event I'm talking to people in my local market and those in real estate (agen...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Hello Fellow Investors!
I’m new to investing and I’ve been chomping at the bit to find a good way to start. Right now capital is at a minimum and I’m improving credit so while I start saving money and networking wit...
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We get a lot of this, and sometimes, it really does baffle me. As my profile says, I'm an affordable-housing handyman landlord running a small outfit out here in Pittsburgh and doing what I do is NOT EASY. It's signif...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $91,200
Cash invested: $70,500
The nightmare scenario they warned me about on the BP forums!
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There is someone out there using my name (although they are using my last name as their first name and my first name as their last name) to lure other real estate investors in to thinking this person will fund whateve...