We closed on our 2nd flip here recently. It is a 2900 sq/ft ranch style home on 5 acres in East Texas. The home was bought from the MLS. I noticed it after driving by it all the time and seeing a for sale sign on it f...
Hi Everyone,I'm currently under contract for a 4-unit building. All units occupied, all tenants are paying (according to the seller).Issue: Current rent is $300/month per unit. Average for the area is $600/month (acco...
Hi All,I am looking to learn from your mistakes / shortcomings! Please respond with something you wish you knew when you started your REI adventures which caused you major headaches later.Thank you!
Good evening Bigger Pockets Family,My name is Tee and I am from the Bristol, PA area. I have been reading books, listening to podcasts and watching webinars for the past 6 months. I finally stumbled across my first ...
I have read other threads like this but I still can't seem to figure out what to do...I have 3 rental units. They all cash flow $300-$500 a month. Each tax season I input all of my income and my deductions/repairs/exp...
Hi Bigger Pocketers,
I'm a new investor trying to make a whole bunch of things work all at once and I'd like to borrow your wisdom to help choose some priorities.
About me: I just changed careers to my dream job (y...
Hi, everyone! So my investment partner and I are touring this multi-family HomePath property today with the agent. We're looking to make our first investment, so I want to make sure that we ask as many questions as we...
I am very excited to announce that I have bought my first rental property! It is a 4-plex in Lynchburg VA in a great part of the city. Details are listed below:All units 2 bed, 1 bath 950 sqftPurchase Price: $198,000A...
So I was watching the MLS like a hawk and found a property that I was really interested in literally within 5 minutes of it hitting MLS. The listing agent's main job is as a property manager, but he sometimes lists pr...
Hi Everyone,I am currently looking at a potential house hack in Richmond Virginia that I plan to Airbnb parts of. However, the property is in an HOA that only allows minimum 30 day short term rentals. The property i...