I viewed six properties after vetting listings before finding this one. REO 1300 sq/ft 2 Bd, 1.5 bath 70's ranch in a nice neighborhood/location that's desirable according to several RE agents. Converting to 3/2.5, re...
I saw a 4-plex that was priced very well for the market it was in. I asked for the pro-forma, plugged in the numbers and it failed miserably. The problem is that the rents are about 80% of what I think that market ren...
If purchasing properties off the MLS seems to be the next logical step for you- then you need to network and find an INVESTOR FRIENDLY agent. I emphasize investor friendly because you need to work with someone who un...
Dear BP,
Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.
I have my HELOC approved. I have...
I heard a great quote today on the podcast, "If your not embarrassed by your offer, than your asking too high."
While I know we can negotiate on the purchase price of a house, I was also wondering what other things ...
My real estate company in Columbus, Ohio borrows from private lenders frequently for both fix and flip projects as well as rental properties.. I have used the following rules to maximize my relationship with these le...
Hi everyone,
I'm an Aussie who will be moving to West Lafayette, IN to start a research position at Purdue University in August 2014.
As I'm hoping to buy my first home there (and hopefully some investm...
Hello everybody. I am a newbie and currently looking at my first deal. The one I am looking at is a three unit and it is a short sale. Under the write up of the property it states "If property is vacant and no util...
Hello Bigger Pockets Community,
My fiancé and I are beginning our real estate investment journey but we live and work in one of the most expensive markets in the world - even though we are 20 minutes from San Francis...
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...