Deepti Mandava
200k liquid- multi family or commercial property
Hi all, I am new to this space and although I have been passively exploring RE to improve my knowledge I haven’t invested yet and need some direction. I have 200-250k in liquid and I want to put that money to work. My...
Byron Enamorado
What should I do? Sell or continue to own a cash flow condo?
Hello bigger pockets members!I’m seeking some advice. I purchased a condo in West LA in 2013 for $500,000 and now it’s worth about $680,000. I moved out of the condo last year to purchase a townhome, also in West LA...
Matt Davis
Offer accepted on a great deal, but there's lead paint AND kids
I’m in an interesting situation with a deal and looking for some advice. We got an offer accepted on a great off market 6 family in Massachusetts.We’ve discovered that there are children under 6 living there AND confi...
Ryan Urban
My First Deal, YIKES
Thought I would share with you how things are going on my first deal. I'll keep it as brief as possible.
I identified a city that has several properties that can generate positive cash flow with just 10% down on mul...
Jacob Evans
Upside down contractor. Loan to finish project?
My contractor mismanaged his employees and subs and got behind financially on his most recent project with me. He is concerned that he can't get the project done without a loan or "pay day advance on future projects"....
Sam Deb
Brrrr method question?
So I’ve been researching the brrrr method, and have found it very helpful, I’ve learned that you can refinance almost immediately using hard money lenders. My question is why does it take so long for people to reach 1...
Account Closed
Multifamily LLC Structuring Questions
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
Kyle D.
Keep going back and forth on SFRs, Condos, Multis...
I keep crunching numbers on SFRs in an area I'm interested in (3/2/1 ~ 130k, 3/2/2/ ~145k) and also condos in the same area (though 2/2s , some 3/2s, 3/3s) and the $/door/month is in some cases close to double ($200-2...
Latreeka Williams
Question about Alabama tax lien certificates--take possession?
Hello,I recently purchased a tax lien certificate in Alabama (property was sold at the 2015 tax sale). The property does include a house. I had a few questions about my rights as a lien holder. I have been reading/...
Jeff Stephens
Have you read the book 'Lifeonaire'?
I recently read the book 'Lifeonaire' by Steve Cook, which has had a big impact on my thinking over the last couple of weeks. In a nutshell, the book is about designing your life so that you're rich in life experience...