Hi guys and girls,
So I have a pretty great deal. It's in a very desirable town and neighborhood. It's a 3 Br 2 ba and the lowest comp in the area is $335K and everything is averaging about 350ish. It needs new plu...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
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Has anyone else noticed the increasing number of people on Bigger Pockets requesting financing, especially to tap into the equity of their current portfolio? I’m seeing a significant uptick in this trend, and it's got...
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Here is my guide to Wholesaling for Beginners. A lot of gurus will have you believe wholesaling is easy and you can make a ton of money doing it with very little effort. It is true that it’s not difficult to do if you...
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In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
I have written this review to give any prospective Morris Invest clients an idea of what they are getting into.My experience has been decidedly negative.BLUF (Bottom Line Up Front):Unfortunately in my experience, I di...
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Over the last decade or so, my wife and I have put together a nice little rental portfolio, we've really grown as landlords and property managers, and we have a nice little life that's just getting nicer. Net rental i...
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In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...
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Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...