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My wife and I are looking to start our investing journey soon, but trying to decide what our particular starting strategy should be. Currently, we live in a family owned house that we pay $1000 month with zero interes...
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We happened to buy a house and have been renting it to section 8 tenants. We have had this property for about a year now. We have been using a property management since we have brought this property.Since Jan2015 they...
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Hey everyone, I am just starting out in the real estate investment world: I have a primarily residence that I rent out 1 bedroom of and I am looking to purchase a Duplex in soon. The deal I am looking at right now is ...
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I am in the process of puchasing an investment property (for short term rentals). How do I underwrite the loan?By the face of it, it's an investment property - where it is going to be rented out and expected to make m...
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I have a deal where the owner of two SFH's wants to sell but both homes are on the same lot. Is one considered a guest home and how do you appraise the value of each?
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I am about to put together a competitive offer for a multifamily around $400k in college town with over 9% cap rate, however so far I do not have a buyer's agent at this point. The agent admitted that she gets 6 for r...
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I am a young student (21 to be exact) looking to invest in real estate. I work part-time, and the income just isn't enough to support myself. After rent and all my other bills, I am left with literally pennies every p...
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First time poster on Biggerpockets!An 88 year old friend of mine owns 1.47 acres of very prime land located on a busy retail corner. She has owned it for 50 years. She does not want to sell it, but lease it. She would...
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BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
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Hey guys, I plan on doing the BRRRR method, and trying to figure out a cash refi strategy that will work for my situation. First a rundown on some of the numbers I'm working with and my financial situation:$150k cash ...