Brent Lamb
How to price this property
I've owned rental properties in the past, but this is an interesting one. I'm looking to see if anyone can give me some info on how to go about pricing an offer on this off market property. The owner is uncertain what...
Hailie Shaw
Off market duplex deal?
Location - AAppraisal -$220kDuplex house is owned 50/50 by 2 people. The verbal offer is currently $90k to 1 owner for their side, which will be vacant, and then $40k offer to the other sides owner with a rent free, t...
Rohan Soltau
Lessons and revelations from a rookie in 3 years and 2 properties
Just to give a little context, I am a 32 year old electrician and have been around construction all my life. Around 28 I had an early mid-life crisis. I had a realization of how much rent I had paid over 4 years at my...
Latarsha Foster
Looking for Advice on REO purchase
I have found an REO that is selling for under $1000, is appraised by the county for around $19,000. The property is said to be unusable because of flood damage. I'm wondering if this is something I should pursue. I'm ...
Joey Allison
Buy a SlumBRRRR or no?
Hey guys, I have a deal that I can go after, but I wanted to get some Bigger Pockets perspective first. Here are the details:The property is a duplex in a rough part of town, but the cashflow makes sense on paper. I c...
Nick Garzini
Advice for Multifamily Rental in NW Chicago Suburb
Hello BP community! I am looking for a multifamily rental property in the NW suburbs of Chicago (Oak Park, Forest Park, etc). I live in CA, but my wife grew up in the area and we have family and friends that still l...
Liam Ritter
Got an unsecured business line of credit
Got $100k business line of credit with 710 credit score to buy some more properties.Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all? Or do downpayment 20% with it (app...
Ryan K.
Offer 1/3 of asking price ?
Hi Everyone,I'm triyng to think outside the box. I see a property in PA. It's MLS 16-5188. Zillow Link for house info.In my opinion, having been to the property, I think it needs about 35K worth of work (possibly mor...
Justin Moon
Perplexed by my property value relative to comps. What is going on?
Let me preface this by saying that I realize zillow zestimates aren't exactly the most accurate valuations metrics, but my issues are still puzzling.
I am located in Houston, and 2014 appraisals recently we...
Amanda Webb
Big Bear Vacation Rental
I’ve noticed a lot of threads in the past discussing short term rentals in Big Bear, but many of them are from a few years ago and there have been updated city ordinances since then, so thought it best to start a new ...