I am a former buy and hold investor (rental co-op, condo and SFH) and multi-family property manager seeking to transition to owner-occupied, SFH, 1st position NPN.As a newbie to notes, the Note Assitance Program, espe...
Hot off the press today! Got a verbal offer secured on a this mobile on land.4BR 1996 double wide on a half acre. Needs about $14k in work. PP $57k with seller assist of $1750. I originally tried to get Seller to ...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
After years of interest in real estate, I found BiggerPockets in February of this year... and today, I closed on my first 4-family rental property. Here are the numbers and some photos... plus four things that helped ...
A humorous tag line but a series topic. (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...
Hello everyone! I'm new to BiggerPockets and just finished reading Brandon Turner's "The Book on Rental Property Investing". I live in Portland, OR, where the housing market is very high for rental property investing....
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
Hi Bigger Pockets:So I have 5 units in a cash flowing market, section 8 and yes I have tenants that don’t pay etc, my question are:1) the area does not appreciate like San Diego, so shall I buy more of these ~$60k ~$4...
Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...