Hey BP,I am looking for some input on how I may handle a current opportunity. There is a motel in a fairly nice area of town that is a total eyesore. It attracts unsavory guests and has obviously not received any inve...
Hello BiggerPockets Pals, I have a little issue that I need some direction on and am hoping someone can shed some light on this. I am an investor in the Philadelphia and surrounding areas. I recently purchased a prope...
Hello! My husband and I are looking to purchase our first investment property. We are not from IL but I am currently stationed here with the military. I wanted to know where good areas are to invest with a steady cash...
Hello,I am currently in escrow for an 8-unit "C" property in Central California and was hoping someone could help me with something. I received the property's one-year P&L statement today and there were a lot of l...
Hi everyone, I'm from California and fairly new to the Chicago market. But I saw some incredible deals there (comparing to the Bay Area), for example, a 4 plex getting $2400+/month would ask for only 55k. I do know it...
Owner financing is like a secret weapon for folks looking to sell their properties after hanging onto them for ages. Instead of selling your place outright and getting hit with a massive tax bill all at once, you play...
Hello Bigger Pockets brain trust,
I'm looking at a 4 plex... cash flow looks decent, ~$120/door. Cash on cash looks like it would be about 9.5% (Brandon Turner talks about trying to get 12%), and Cap Rate is looking ...
How do cash buyers like wholesale deals presented to them? Do they want as much info as possible, or is it unnecessary because they will do their own due diligence anyway?
I have had similar scenarios when selling household items, but the scammers seem to have expanded the area - I was contacted by someone who tries to pull the old CL scam on me. Below is his/her email - landlords bewar...
Hello BP, I just started looking for 1 year lease tenants in my duplex over in Northern NJ. It’s been a few weeks of my first unit on the market but I am confident I can find a quality tenant. But when talking to my n...