A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
Hello Bigger Pockets family, long-time podcast listener and forum reader, first-timer poster!Quick back story: I bought my first rental property (1/1 condo) here in my hometown of San Diego 1 year ago. Ever since I le...
I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...
Hello,I am new to Bigger Pockets. I am trying to help my mother who is in a difficult real estate situation (I apologize for this lengthy email in advance but it is a complex situation). She lives in Hawaii but purcha...
I know an owner (very old school) who is ready to retire and liquidate his portfolio. He has a few buildings in DC valued at over $1M . He has already started to sell off some of his properties. He does not employ ...
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
Hello everyone,
First I must thank J Scott for the business plan template that he's made available through his website. I spent about 8 hours yesterday on it, but thank God I finally have a great business plan and the...
I went for my first two BRRRR deals at the same time this summer and everything went great. I got tenants in both properties and they turned out beautifully. Both homes were purchased and rehabbed with cash. Today, I ...
Hi All,
My name is Andrew and I'm from the Southeast PA area (Philly suburbs) and have been involved in real estate since 2006 when I purchased and "house hacked" my first home. To date I've been focused on buy and ...
I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...