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I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...
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Hello,We have been long time readers of the BP site and have found a wealth of information. We have a single 12 unit property which has been in the family for a while. We have taken over the business for now what is...
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Good morning,
My name is Christian Reyes. I am a graduate admissions counselor for a major NYC university. I am on here because I have always wanted to be a real estate investor but never really understood ho...
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I was thinking of selling a 3-plex I have in Denver. I will not be able to reinvest the money for a few months after the property is sold. So, I have a simple question: Where do people keep large sums of money in b...
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Always lots of debate on BP about whether REIs should get their real estate license. Well as a newbie, I made it a priority to do so and I'm pleased I went through the process. I'm now interviewing brokers to dete...
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Hello Bigger Pockets!!
My name is Luis Silva and I am a newbie investor from Sacramento CA. Although I'm totally green to real estate investing, I have spent the last nine years of my career doing a combinati...
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So I have had a rental property for a year now and it's cash flowing $400 a year. This is my only rental property to date. I'm really eager to get more reserves to get more properties. I have enough for 1, hopefull...
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I've always been of the mindset that staging a house to sell gives people a "visual" on how it looks as a home. However, when we bought our personal residence it was completely empty which I preferred because then I w...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Chattanooga.
Purchase price: $4,120,000
Cash invested: $50,000
Sale price: $6,850,000
Multi-Family investment funded wi...
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This year I jumped feet first into my first deal. I purchased a portfolio from a local investor. They are 5 buildings that have 15 doors. They were turnkey and already fully occupied. They cash flow, but I put all o...