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We have the opportunity to purchase a five plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new w...
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Hello, I wanted to reach to the BP Family for advice as a wholesaler to know best tips when interviewing Foreclosure Leads. I have started my mailers list for my foreclosure list, and owners are responding much quicke...
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Thinking about working towards getting my real estate license. Any advice or feedback on being a licensed agent?
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Hello my name is Marcus. I'm a licensed state of texas realtor and investor. I have a seller who is about to go into foreclosure within 2 half weeks. Principal balance $107,000, amount due to get loan current $22,000....
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 ...