Hello all! I recently started investing in real estate in suburbs of Detroit. I purchased 2 properties so far, one for 70k and another one for $59k.I'm an out of state investor, and I have an agent and a property mana...
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Hey Bigger Pockets,So I have a scenario for all of you that is all too true for me.I have a house that needs a ton of work to get it into retail shape. Like $40-$50k, I am currently getting quotes to verify costs. T...
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Hi everyone. I'm looking at a 5-unit property. It's a house that has been split into multiple units but the tax records list it as a three family. How does this affect lending? Would this be a residential or commercia...
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I am about to start my first direct mail campaign and I am looking for any advice. My primary goal is to find properties to flip - I've done 4 flips. I also have 26 rentals and would buy as a rental if the house is ...
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They say to make an offer on every house but what if it costs more to redo a property than the entire property is worth? Example: 660 sqft home in bad shape. The lot is only worth 5k. Back Taxes and fees are 5k. ARV i...
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We have owned a number of properties for some years and are starting to do updates as tenants leave and before we rent out again. We are also somewhat interested in investing in property updates to grow the rents on ...
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Hey BP Community,After purchasing our first SFH to rent, we are interested in purchasing another ASAP. As we considered our options to pull together funds for a down payment, we considered closing our Traditional IRAs...
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Just curious, I am investing in a few multifamily syndication deals that pay 12% annually. Is anyone finding better results?
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Hello BP Community,My family and I are fairly new to investing, nearing the one year mark on our first rental property and are evaluating our expenses and such. Currently, we have a home warranty that cost us around $...
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Hello Everyone. I am new to the group. I have an issue that I need advice on. So I am getting ready to start my investment journey which includes relocating from NY to FL but I am also in the process of selling my co-...