Hello,So I have always been interested in acquiring rental properties and when I recently discovered Bigger Pockets I really got motivated to start putting things in motion. From what I have gathered it would behoove...
The first question people ask is, "Why did you sell a 15% cap?"The simple answer is that it was the last property that I owned in that community. I had many other properties there and the surrounding areas but over t...
Afternoon BP! My name is Ron and I'm from the Columbus Ohio area. I have a question on a first deal would you recommend a single family or multifamily as a first deal? Any information is welcomed! Appreciate it!!
Hi BP Fam! I am in urgent and desperate need to hear from an honest lender/attorney on this matter. We were supposed to close on our home on June 27, 2023. Now due to lender negligence won't be able to. Background: I...
Greetings,In my 3 bed 2.5 SFR I have one bathroom that was remodeled. Picture is below.I am going to be remodeling the master bathroom soon. It has the same layout as the bathroom posted above. My question is do I ...
Hi All,I have been marketing my rental properties solely on Craigslist with decent results. I did however, want to see if investors had better luck using other marketing services (specifically, in the SE MI market). A...
Hi. I found what looks like a decent deal on a 2 family property in Brooklyn. The first floor unit is occupied with a month to month tenant. Owner does not intend to evict. Should I pass on the deal, or put an offer?...
I have a tenant that submitted his 30 day notice to end his lease which put his termination date at March 31. His employer (US Gov) started enforcing a mandatory telework policy and travel restriction. The travel rest...
Need some advise on renting out my home. I have a brand new remodeled home (complete gut out). I just posted it for rent online even though its not completely done. I have been receiving a few inquiries about it. I ha...
To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...