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One of the first deals I did in college was a house I bought for $10,000 using a car loan against a Pontiac TransAm with a really cool T-top that I bought at auction. It was a tip I learned from a Carleton Sheets cou...
Hi all, my husband and I have been looking to invest in real estate in the Portland or Vancouver WA area. We are moving up there from CA so ideally want to live in the property first to get a good loan, then move to a...
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Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
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I am closing on my first duplex this week and it's my first investment that has tenants. The previous owner didn't keep up with a lot of maintenance items and both tenants have been there 15+ years. The problem I'm ha...
Hello Biggerpockets, I purchased a single family home 5 years ago for $80K. I financed it on a 30 year fixed rate loan. The rate was 5% and was financed as a owner occupied home. My monthly payment at first was $63...
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Just to give a little background, we've done quite a few deals before and have been successful on every one. They've all come with there moments but I'm pretty good at putting my head down and grinding away and in th...
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Hi everyone,Looking into putting some documentation together for a possible gas station wholesale deal in Florida that I have come across. Does anyone have any suggestions for clauses to include in a gas station contr...
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HI, first time user here. I am planning to start real estate investing with a multi family, and it will be my primary home for the first two years. Then I want to move on to a nicer single or two family house in a goo...
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Hello-I am looking to buy multifamily in the $3-4M price range toward the end of the year. I live in Texas and cap rates are compressed here quite a bit so I've begun looking out of state. Our goal is cash flow and ...
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I'm hoping to get some input on a 6 unit multi. 6 Units, 58K asking priceGross monthly income = ~2500-2800, tenants pay gas and electric.Separate HVAC, separate electric meters. 1 large water heater for all. 8 year ...