Rob Wilcox
Vacant Lot - Build or Sell?
Hello BP, Our company has a small lot in an improving area of Decatur, GA. Our current All-In expense is $13,000 (this was a tax lien) and we have an outstanding liability of $11K, which could increase our total all-i...
Shawn Munoz
opportunity for my first deal!
Hey, I have recently been presented with an opportunity but i need help on how to go about it. I have been listening to the podcasts and learning a lot. I am moving out next month into my own home and I am going to ne...
John Melenski
Should I get into rental real estate? My personal story & data
Hi Biggerpockets community,
I would like your input on my personal situation and whether real estate investing might be a suitable avenue to achieve my goals. The reason I'm researching this avenue is despite saving...
Matthew Livesay
Multiple units on one lot a good idea?
Hey -- new to the forum. Hoping to get the opinion of some experienced investors regarding the value of multiple (2-3) detached properties located on the same lot. It seems to pretty common in the more metro neighborh...
Christopher Morin
How to make this 10 unit multi deal work
Hey everyone, thanks in advance for reading. I'll start by saying that I am fairly new to understanding the terms and concepts, so I'm eager for feedback. Here goes.The property is listed at 350,000 and is a 10 unit...
Hannah Hinzman
First deal- need advice
BP family, I need your advice! I am finally in a position to start investing. What would you do for your first deal? Options outlined below. 1. My husband and I currently rent a 1 bedroom condo close to the city. We h...
Fernando Mendez
Cashflow
I have a couple questions for people who buy and hold for cashflow: First, for people seeking financial freedom (enough cashflow per month to cover expenses), how long would this normally take to achieve? Also how man...
Christopher Pearson
Need advise on structuring a loan for 100% financing
We have an offering on a piece of property for $300K. We have a real appraisal for $360K from two years ago. Property has increased in value somewhat, do not know how much. The mortgage company I work with does both c...
Samuel Merrick
More money down or keep more in the bank?
I'm closing on my second deal in the coming weeks on a buy-and hold-single family house that I plan to house hack. I'm still waiting for my appraisal to come back which in large part will dictate how much money I'm pu...
Jonathan Ramsuchit
Location? Location? Location?
Hey everyone!
Everyone heres location, location, location all the time. Is this really true? All the multifamily homes I find that the numbers work are in areas that aren't that good or safe.
For exampl...