Kelly Farley
Seems like a deal, right? Need a nudge
I am new to multi-family investing. Since finding Bigger Pockets earlier this year, I've been focused on learning more about analyzing property. I started out with looking at single family but after listening to the...
Andrew Campbell
How we went from 0-72 units in 4 years
A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...
Kirk Hawkins
$200,000 in the bank...now what?
Hey everyone...If you had $200,000 in the bank...what would you do? Buy a house (like my accountant suggests) or buy an income/investment property like a duplex or triplex or 4-plex? Or...would you look into something...
Moncy Samuel
Late rent request from tenant
One of my tenants wife called me and said they have some difficulties arranging full rent. Rent is $1500 however they could arrange only $700 due to some problems with bank freeze. (Two months back the check bounced a...
Maria Vogel
Need advice: House deal
I just sold a house and I want to do a flip to increase my cashflow so I can get into multi-family. I made about $40K on the sale of the home. Background on the market: Most houses here under $200k on the MLS are unde...
Jozef Forgac
Do I need to list prior to ask for short sale?
I'm buying SFR in pre foreclosure and asking the lender(s) for short sale.The owner selling as FSBO to me. Lender on 1st.(Chase) wants the owner list the property with RE Agent even the owner has an offer on it from ...
N/A N/A
rehab vs flipping
I am not clear as to the difference between rehabbing and house and flipping one. Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a ...
Account Closed
Renting to a Mexican citizen living in the US
I have a very nice couple with three well behaved kids that wants to rent one of my homes. The problem for me is trying to verify if they are good tenants or not. I asked for the standard copies of each of the couples...
Michael B.
Help Me Understand Foreclosures (Example Included)
Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
Account Closed
My plan to become a Real Estate Developer - what's your take?
Hello BP members,I am currently 19 years of age, and I will be 20 in October. I have been fascinated with the creativity of RE development ever since I was about 17, and from that point until now, I have done a lot ex...