I made an offer that was accepted on 407 Cambridge in Worcester. It is new construction. I got it for 250k. I have a partner who is investing with me. We are doing 25% down total on a 15 year mortgage. We both live ou...
Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...
We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
What do you think?
We're waiting to see how it affects the tenants in our houses and those whose notes we hold.
https://www.ocregister.com/2020/03/24/l-a-billionaire-coronavirus-puts-real-estate-on-brink-of-collapse/
Wich impact the economic crises will have on Multifamily Market?Share your thoughts. Thank you
Relaxing on my couch on Wednesday evening and my property manager calls. This is unusual and she has some bad news. In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company. ...
My wife and I are interested in purchasing rental properties on a buy-and-hold basis when we settle down in Northern California in about 9-10 years. She is currently a medical student and obligated to serve 8 years in...
My SFH was rented with a no pets policy. If truth be told I would have considered a pet from a terrific prospective tenant if asked. This was not the case with current tenants.Tenant is on a 2 year lease with a reduct...
I think it would be great to hear what the bigger pockets community would do in this position:
If forced to re-start from the beginning with no capital, no credit, and no connections, what would your first step be.
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It was either an epiphany, or a hard blow to the head, but I realized that in order to really do what I want to do it seems like it will require me to get my RE license. I have interest in MHP's, but that is not the d...