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Hey BP nation. My wife and I bought our first property, a 4-plex, almost a year ago so we are still pretty green as for as land-lording goes. We have a tenant who we inherited from the previous owner that has a seriou...
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I have been saying this for awhile that the market is frothy and that IF you buy larger multifamily you better be using conservative underwriting numbers.Those placing money into properties with the prediction of abov...
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I have this situation.. My tenant worked for a company paid by Federal government. Since January he has been telling me that due to Sequester his pay is delayed.. And in Late March I was finally told the Government ch...
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Hey Biggerpockets Community,I'm a new member, a soon-to-be investor, and a realtor in the Washington DC area. I have a dilemma and thought this would be a great place to get some feedback. Essentially choices that I...
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Hello BP community!
My name is Gregor, I'm in my mid-30s and from Austria/Europe. My interest in US RE was awakened back in 2008 during our road-trip through Florida when my wife and I travelled to the US for the fir...
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Hey BPers!
My husband and I have a house in VA and we live in Kentucky. We are working with a realtor who did some comps for the area and told us we won't be able to sell the house for what we want because there are ...
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How do you know if a given Market is Overvalued or not? Anyone?
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Hi Everyone, This is my first post so we will see how it goes. I would like some thought and analysis of a deal I am looking at. The property is a 3 family in a mid size city in Ma. The seller is offering financing ...
I want to buy a house 2.5 hours from my duty station. I watched my mom travel 3 hours to and from work (6 hours round trip) when ahe worked in NY and she wanted us to go to a good school in NJ so this is normal to me....
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I found a 96 unit apartment complex for sale for 21 million. I lost my job last month. I have no money. My credit score is 600. I’m 46 years old. I’ve been in the rat race all my life. I have no family or friends with...