Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Joe Blakley
Buying Rentals in an Uncertain Market
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Jack Perfett
What Should I be Doing With My Money?
My name us Jack Perfett and I am a 20 year old college student that lives in Pittsburgh. I currently have no expenses, (college and housing is paid for) and am interning this summer and making decent money. I figured ...
Justin Rademacher
1st STR potential purchase!
Looking for any insight on self-managing our STR. Right now we are debating between self managing or hiring a PM for this. Self-managing would put about $1500 per month back into our pockets. 4 bedroom 2 bath home in ...
Thomas Elam
This is my first time loaning money, how do I protect myself?
Greetings,
I have been to Real Estate Expos and searched the web. There are plenty of ways to find out how to borrow money but very little about how to loan it. I need a sanity check please.
One of the members in my...
June Veenstra
Renovating apartments - is it worth it?
I own multifamily buildings with a lot of vacancies. In order to get the vacant apartments back on the market they need extensive renovations. I've done the calculations and it totally pays to renovate in towns such...
Wendy Smith
Piercing the Corporate Veil
Can the corporate veil be pierced for an LLC or LP involved in real estate investments in Texas?
Scott Ficek
Surfaces-What do you like?
I saw a other "discussion" between two old timers on BP and it got me thinking.....When some of us do renovations, we put in the toughest most durable products we can find, expecting they will stand up to the tenants....
Alex Hoang
How did you pay for your first few investment properties?
I've been reading for a while and am fascinated at how some people have the cash on hand to buy:-Properties out right with cash-Multiple properties with 20% down paymentYes I understand there's many ways to finance bu...
Thomas Baylor
First rental property investment
Hello to all my BiggerPockets fam. So I think I’ve come across a pretty good deal. I was hoping to get some insight from my BiggerPockets family. This property is a duplex in Portsmouth, VA. Asking price is $90,000 BU...