Hello BP community. I have a 3bdr 1 bath under a lease with an option to buy. The price is locked in at $85,000. The property needs new floors and drywall. Once its fixed up I plan to hold it and rent for $1100 (m...
We went to the no-reserve auction of the attached property to settle an estate figuring it would go into the $80-$90k range but we watched it get stolen for $40,000. The lot alone was worth over $40k.http://www.cashau...
Pros and cons of buying a house with foundation problems vs not having foundation problems?
So i am currently working on putting a house under contract and upon inspection, i noticed some pretty extensive fire damage to some of the support beams running in the basement. The seller says there was a chimney fi...
Is there a way to make this deal profitable or should I stop trying to put this puzzle together? I’ve been watching this multi family on the market for some time now. It was up at 220k+ now it’s down to 104k. There is...
The living room floor caved in while moving a heavy couch in my apartment. In the basement it seems a support beam gave way and cracked. The landlord said for me to provide my renter's insurance information to cover d...
I have quite a few rehabs under my belt and have fixed / leveled several houses that had some uneven floors. I just bought a house (built in 1900) that has some uneven floors / settling issues. Not too bad but notic...
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...