CJ M.
Would you take 75%+ CoC with $200 monthly cash flow?
Hello,My turnkey/rehabbed SFR properties have yielded CoC of approx. 75-100%+ (after refi). The average cash flow of all of them is just over $200 per month per door. I'd very much like to continue this strategy as I ...
Reid Hanley
How to tenant screen Immigrant Tenants with no U.S. ID
I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
Am a NY licensed contractor who moved out here to LA county barely a year ago.. my CA contractor license is still pending. So in the mean time, I been keeping busy with working on my own properties and a few small lan...
Robert Anderson
I Can't get financing for a flip. Great credit, great down payment. Any ideas?
Hi all, My name is Bob new to BP. I live in the Boston area, 15 minutes south of Boston. I am trying to get financing for my first flip, and have been shot down by 3 banks for a 30 year fixed rate ( not sure if...
Reid Beckers
BRRRR: No number seems to work. Need advise.
I’ll try to keep this post simple, if not short.
My wife and I have been educating ourselves, listening to RE podcasts, reading books and BiggerPockets. We have some savings and a Pre-approval letter ready and we al...
Majid Tahir
STR in Panama Beach City - Deal Analysis and questions
Hi everyone,I'm evaluating a condo in Panama Beach City Florida for a short term rental. Here are the numbers:Purchase Price: 290kARV: 285k - 300kNo major renovation is required. Here are the monthly expenses as I'v...
John Boire
WA Tenants Protected from Discrimination BasedOn Source of Income
I live in Washington State which is very tenant friendly. I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...
Ed Perez
To rent or to flip is the question
Hello, I'm just torn between rehabbing and flipping a property I own free and clear or just rent out the property after rehab. I know in this business it's just a numbers game and it just up to you when you want to ge...
Makala Lee-Norwood
What can I do with $5,000 Dollars?
Hello All,My name is Makala and I am very eager to buy my first property. I have spent months trying to gather as much information as possible, but it seems as though the learning for Real Estate is never ending, whic...
Aaron Bard
Big Plans, Small Progress
Hi everyone,I'm still learning how to navigate the BiggerPockets site and forums, so this is a new realm for me.I am based near Bangor, Maine; about two hours north of Portland. I am in the process of looking for a 4-...