Hi everyone,Newbie here!I've been using the BRRRR calculator on Bigger pockets to evaluate deals. Using the forums, podcast and other learning materials, the 2 most important metrics I'd focused on are market/location...
I closed on #38 today. it's located in Redford, which is close to Livonia, Westland, Garden City, Northville and Canton. It was not listed on the MLS, not from a wholesaler either. I had to pay back taxes of 5k, and i...
I am in currently in contract on a triplex where two of the tenants are section 8. This wasn't disclosed until I received the estoppels today. Upon reviewing the disclosures I have a a couple questions regarding the S...
Hi all, I'm looking to buy a property in Atlanta and I'm based in NYC. I'm working with a REA on recommendation, however, I'm finding this person moves a little too slow compared to what I'm used to. For example, seem...
Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...
Hello all!
I was recently contacted by an absentee owner that responded to a yellow letter that I had sent. She said that she wants to sell her home but that the house has an egregious amount of liens that the prior o...
So I'm a little confused regarding non performing 2nds. Most I've seen have combined LTV equaling negative or at a minimum 100% equity. Meaning there is no "real" equity protecting the 2nd position.
I've hear...
Hello everyone! I'm a new investor working on getting my first rental property before the year is out. In a nutshell, my plan is to use the FHA program to get either a three or four unit home and owner occupy while ...
I'm considering buying a fixer SFR with the intent to fix it, live in it and then sell in about two years. My impression is the best city to consider is Newport Beach, as it seems to be a highly desirable city, givin...
hello everyone
My name is Tim from Severna park md I currently own 1 rental property (condo) . I would like to start rehabbing distressed homes for quick turn around also would like to get into land developme...