I'm torn between buying a few medium-sized multi family every year or just put my extra $$$ into syndications as Limited Partner. I guess LP in syndication will surely bring lower return than buy-it-myself, but how mu...
Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
Hi all! Looking for some help from experienced landlords. We had tenants move out at the end of June and we were stuck with a huge damage bill. The total amount of damage is close to $18k, which far exceeds their se...
Hello everyone. I am a beginning real estate investor from NJ and am currently mailing to probates and out of state owners. The area I live in was pretty heavily hit by Hurricane Sandy. I'm about 5 miles from Seasi...
Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
Hello All!
I must admit to having lurked on this site quit a bit --- but not posting much. Call me the shy type :D
Therefore you don't know much about me and I'll need to lay quite a bit out for you ...
Hello everyone! I have been a part of the Biggerpockets community for a few months now but have not been very active in the community. I have learned a lot from everyone here though by reading several forum posts and,...
Today my daughter Ashlyn closed on her first property at 9-years-old. Our attorney created a partnership agreement for our LLC with my daughter and I as partners (with me as managing partner - giving me the authority...
I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...