I’m SUPER new to the bigger pockets forum. My wife and I are looking to purchase our 1st place (townhouse or condo) in the next 6 months to 1 year. We’ve heard Airbnb is potentially a great option for cash flow so the...
I see a ton of fellow West Coast investors ready to pounce on out of state single family houses and people here on BP ready to sell them anything under the sun. It seems that these investors are long on money but sho...
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...
Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
We found a good deal on a duplex in Puyallup, WA. Duplexes in this area have been going for $380,000 and above. After running the numbers, it does not seem to be as good of a deal as we thought. Are we doing something...
Long story short, my fiance and I own 5 properties in US and Canada generating about $88K USD of gross annual rental income. 4 are SFH and 1 Duplex. However our estimated annual cash flow is $6500 USD after PITI, prop...
I have 7 Credit Inquiries right now. I got 6 last year from looking for a personal home for over 9 months before having to halt my search. Now I'm looking to invest in real estate and just got pre-qualified for a loan...
It seems that most of the time when I'm reading about new investors in Los Angeles, they are doing deals outside of the area. I understand it's very expensive to do deals in LA, but are there any other reasons aside f...
I am just wondering how many investors have problems with real estate agents showing low cost real estate? I buy properties for investment, or to flip, many are properties that are in foreclosure. I have the money to...