Hello
I am brand new in this game, but hope it is less corrupt than the stock market (at least for me). My hesitation has always been the image of hassles with renters, knowing the law and unscrupulous le...
My broker brought me a deal for a Tri-Plex , I’m wondering if you all think it’s worth pursuing.Here’s the breakdown.Purchase = 200kRehab = 20k2 units rent would bring in $750ea1 larger unit would bring in $1000Not a ...
After jumping through some hoops I'm setup to make my first investment! On july 28th I stumbled upon the world of Real Estate and BiggerPockets. Since then I've been obsessed in finding a way to make it happen given m...
Need your help on analyzing a deal . I am a buy and hold investor , dealing with SFR's in the Atlanta area. I am going under contract for a property in Smyrna , GA, Zip code 30080 . Here is the short story (The long o...
Hello all,I'm fairly new to BP (officially joining in January, 2015), though I've been referencing the site for guidance for about 3 or so months now. I have always been interested in investing (real estate and stock...
I'm a new member here and I'm currently in the knowledge accumulation phase. I live in NYC and I'm interested in relocating to a (relatively) smaller city, purchasing a multi-family property to fix up, move into one u...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
I've found a property with an owner who is tax delinquent. I've made first contact and he seems to have some interest in selling. The property itself is located in a old manufacturing part of town that also has a spri...
I'm currently looking at buying my second property via seller financing:It's a single family home recently built in 2013, 3 bedroom/2 full baths, no rehab work needed. I'm looking to buy at $60,000 with $5,000 down an...
For my first potential deal (2 family, 30-40k - 2%/50% rules in place). In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my cu...