Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...
Hi all-
I'm looking into purchasing mobile home parks here in South Carolina. How does one analyze these? Do you treat it as a commercial property and base things off gross and net operating income?
Thanks in ad...
Hello BP!I just closed on my first 4plex in West Sacramento this week, which is fully occupied, but every unit is renting for way below market (~$250-$350 less). This is the breakdown:3 tenants on month to month leas...
So I am under contract to buy a MHP. Was supposed to close on Friday BUT....the owner has refused to show his financials. We can assume why that is. Perhaps he drew cash out all this time and has no physical record of...
Hello again Bigger Pocketiers!
Okay, so I know this will sound very naive coming from a new investor but I have to ask. Almost all the concepts that I've encountered are for the most part very simple, or at least so...
Relatively new to BP, and want to get your thoughts on this. Which scenario makes more sense, with $75K cash available:1) put $25K down on three separate SFR (in the mid-west) all priced at approx $100K each, that gen...
Ive found a house. It needs a lot of work. Asking price is 14,900. Houses in the area range from 50-60k. Prob C- area. Im guessing i can get it for ten. The electric is new since a past attic fire. It'l need a total r...
I would love to get some thoughts on whether or not getting your real estate license and representing yourself when buying investment properties is really worth it? I've been swaying back and forth for a couple of mon...
my father passed Jan 2016 and had 3 properties in an LLC that i have been managing ever since. The property WILL be in my name AFTER probate however the courts are "taking forever". i talked to the person that does (h...
I wanted to share my first BRRRR experience, I say first BRRRR because I already own a 3 family, but consider myself a beginner. So I purchased a 3 family home in the Bridgeport, CT area. It was distressed and needed ...