I'm looking at a deal right now - 16 unit apartment complex.  Asking price is 1,435,000 and the units have been recently refurbished.  NOI is claimed at 100k making the cap rate 7%.  Assuming someone put down 20% on s...

Hey everyone. Long story short: I ran a landscaping company the past 3 years and sold it in July. I want to buy an investment property so badly but I will definitely not qualify for a bank loan since I have no real i...

How Long Before You Bought Your First Tax Deed?... That is, after you learned about them. And for how much? (If you don't mind me asking.)From there, when you got the deed, what did you do with the property? 

Hi All,I wanted to share one of my latest deals in Redwood City, CA that was a great success. It is a deal that on the day I bought it, I was the proud owner of a slum like property where tenants were not paying ren...

Our MHP is located in Maine. Water is submetered, but a tenant in the throes of eviction had a pipe burst, didn't do anything about it and now I'm on the hook for a hefty water bill.Since we're in Maine, freezing pipe...

Hello,

I purchased my first primary home in May of 2009. Just bought a new primary in April 2014 and kept our first as a rental property. I'm just trying to figure out whether or not it's worth keeping this house As ...

I have received an application from someone who gets section 8 vouchers. The rent will be guaranteed so It's an option I am highly considering but I do not know much about it. I have heard some horror stories about se...

About 2 years ago I determined that I wanted to get into the real estate game. Just this past month, my wife and I hit our first major milestone -- 5 homes! Because BiggerPockets has been instrumental in helping us re...

I'm in the process of selecting the market I'd like to invest in for rentals. I live in Los Angeles, CA and will be investing out of state. What criteria do you look for in a city/market? What resources do you like to...

Hello - I have a silly question and would really appreciate a simple answer:If I wanted to buy/invest in a hotel (within $150-300 mil.), what would my steps be? (How do I find hotels available for sale, what is the ge...