Hi BiggerPockets,I recently bought a home in LA -- it was $600K and I put 3.5% down with an FHA loan.I live here and am breaking even, since I rent out the spare bedrooms to friends of mine.I recently came into some m...
I've been thinking about giving property management a shot. I see a lot of managers post saying they have 50-80 doors.How long does it take to get to that level?How many did you acquire in your 1st, 2nd, 3rd year?What...
Hi BP Family, I've been reading through the forums for over 4 months before posting for the first time. I am originally from Chicago, and have been living in sunny San Diego since 2007. The wife and I have been fortun...
I lost my job before finishing a refinance and I would like to know what my options are? I haven't told the lending company yet, but they are asking for my employment verification. I had a job when they asked for the...
For a lot of years, Texas was a hot multifamily market. Much of that activity was driven by the oil boom. But a year or two ago, the Saudis popped that bubble. Oil prices have come back a little since then, but not...
Hi,I own a vacant house in St. Paul that needs a new foundation and full rehab. The consideration is also to just demo the house and try to locate an already build new house to relocate to this property. The house has...
Hey BP community, I’m looking for some help with my first real estate purchase. I am not sure what the process is exactly or how I should go about it. I will be getting deployed in January so I’ll probably wait till I...
So I have a marketing background and I’m a licensed agent. I have an opportunity to work for a wholesale company as a salaried worker and “in-house” agent. My duties are to market their properties on facebook and emai...
I’m seeing a lot of controversy with turnkey companies and I get why. My question is, provided you find a good company (where all the moving parts do a good job and in the end you get a good enough ROI), is it better ...
As I’m starting this journey I’m finding no lenders who want to go 30yrs on a single family home rental property. Am I going to the wrong sources because typically what I’m getting is 30yr ARM with a 5 year balloon/r...