Recently I started using this tactic when making offers directly to the MLS and it works. It has some drawbacks that I will outline later. I can't say I'm the originator of this but here's the deal.I have the broker o...
I have just come across an unbelievable opportunity for a mobile home purchase. The original ad asked for $500. When I called, it was offered at $1. The management is even willing to waive 3 (or more) months of lot re...
Hello Bigger Pockets Family,My father’s truck is the reason why I joined bigger pockets. It was given to me after he passed away from a heart attack at the age of 58 in 2012. I’m a teacher in a small rural town in Con...
Hi everyone! This is my first post on BiggerPockets and I wanted to know whether there are certain lender programs that give deals for 1st time buyers to avoid PMI. Specifically, I would like to know if there are an...
Hello All,This is just a story of first steps for anyone out there interested in hearing about it from a new person.One thing to note: This is very time consuming if you're really involved in the process as I was. My...
I am having a hard time figuring out what an “ideal” rental property looks like. Does it need to cash flow a certain amount? Do I measure it by the cap rate? Cash on cash? A certain amount of equity in property? Would...
I have a commercial tenant that I am evicting at the end of the lease term. Their lawyer called me and requested a copy of the lease agreement. Do I legally have to provide them a copy considering they lost the origin...
Hi all! I'm getting anxious, I want to buy my first investment property, however I can't help but listen to the rumors of a crash in the next 1-3 years. Should I stock-pile my cash and wait, or get the ball rolling on...
I am really hoping that the professional real estate experts (or even just really smart people) in this forum can help me!!
I have been trying to purchase a short sale property in Colorado for almost 10 months now and...
Would you buy a owner occupied bank owned property?
Do hard money lenders even lend on owner occ. properties that you would then have to evict yourself?
Thanks