Alexander Churchill
Doing my first showings to prospective tenants
Hey Bigger pockets what's up!
So I bought my first property (closed yesterday) it's 2 unit side by side double 3 Br each. I listed the vacant unit yesterday afternoon and within 24 hours have had 100 views according...
Kris Hibbetts
Rent or Sell Las Vegas
Just want some unbiased opinions from BP. I have a 3100sf house 4 bed 3 1/2 bath on a half acre in the NW near Lone Mountain. If I sell I can make between $150-200k and reinvest in more typical rentals. If I rent I wi...
Chris H.
Question - Expired Leases but existing Tenants
So the Duplex I am looking are has tenants, but there is no existing lease agreement. Does this pose a problem as a new owner of the property? If they are paying, I see no issue. However, if payments slow down or d...
Marites Ritchie
My mother wants me to buy her house. Good idea?
Ok REI pros, I am new to real estate investing. I started this past November. So, here's the deal. My mother would like me to purchase her home. Then I can use it as a rental property. What's the best way to go about ...
Nicole Stoddard
ARV was less than what we paid for our first property
So, my first lesson is . . . DON'T TRUST and DO VERIFY. We are into our first duplex for the investment cost of 2 or maybe 3 properties in the area because we believed the wholesaler (a reputable company, they are all...
Juan Campos
Is this a good deal ?
Condo price is 115kDown 3.5% closing 2% Total capital requires 6.5kRents 950- 5% vacancy250 utilities Annually Hoa 2,652Insurance 483Taxes 2,519I'll be managing Noi $7,342Debt service $ 5,979.93 Cap rate 6.38%Coc retu...
Zachary Bellinghausen
Convincing Condo HOA to allow STR's
I have a downtown Salt Lake City condo that is in a small HOA. There are two buildings with 6 units in each, for a total of 12 units. So it is a small community. There is an HOA meeting coming up and I am going to try...
Karl McGarvey
Passive Income even after Selling our Condo!
Investment Info:
Other note investment investment.
Purchase price: $127,000
Cash invested: $77,000
Sale price: $240,000
Purchased our first investment property in March 2020, a beachfront condo, ...
Jordan Stone
Best non-owner occupied financing?
I currently have a deal under contract for 15 SFH and 3 duplexes for $306,000, the properties gross $6,750/month in rent. The properties are very conservatively worth $445,000 as-is.I have $30,000 to put into the deal...
Taylor Umphlett
Mobile Home Fix and Flip
Investment Info:
Mobile home fix & flip investment.
Purchase price: $25,000
Cash invested: $30,000
Sale price: $71,000
Double wide in a good neighborhood. New paint, flooring, roof, fenced i...