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Results (5556)
Andrew Evans Huntsville Money Pit
7 January 2020 | 3 replies

I was wondering if there is anyone in the area who could have a look at it and verify the things im beng told. Im in Australia and the works just keep adding up and up and up.  Any building inspectors?regards andrew

Matthew Hermenau First Investment Money Pit
20 December 2022 | 31 replies

Hello BP network,I recently purchased my first single family, out of state property in OH with the intent of renting it out long-term but have come across some major road blocks. I overlooked a lot of details during t...

Carolyn W. Rental Property money pit
8 July 2017 | 8 replies

Dear Bigger Pockets community:I was wondering if you could share your thoughts on my current situation.The first rental property I bought last year has definitely been a learning experience on home repair and maintena...

Amir Navabpour Identifying a money pit
10 February 2022 | 6 replies

Curious. Once you did your due diligence on a rental and get a renter in there. Say you get alot of repair requests early on from the tenant and the pace of repairs does not slowdown. What trends or types of items t...

James Floyd Empty Lot Money Pit
17 February 2021 | 46 replies

I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...

Shea Spinelli Opportunity or Money Pit?
31 July 2018 | 9 replies

We have been presented with a pseudo mobile home park just outside of town by the college where we live. I'm enticed, it grosses (when full) $13k/month and appears to cash flow roughly $4k/month. The owner received an...

Ryan Metcalf Investment Opportunity or Money Pit
29 November 2021 | 4 replies

I am considering a 2 unit commercial property.  The roof has about 3 years of useful life left and the HVAC system has about 5 years left.  Additionally, one of the tenants has been there for over 35 years.  When they...

Lyra Gray Old House Money Pit! Help
5 March 2021 | 3 replies

Hello everyone,
New bigger pocket member here and am looking for some advice. We bought our first investment property back in November that was built in 1900.We bought it to use as a rental property and as a buy and ...

Grant F. Cash Cow or Money Pit?
19 October 2022 | 5 replies

I found an off market 4BR/3BR home in a 'B' neighborhood. The home has sat vacant for 20 years (yikes!) but small stuff has been addressed and maintained. The home ARV is around 450k-500k conservatively but it likely ...

KIm Butler Is this a money pit?
25 February 2012 | 4 replies

I own a 2 family house and live in 1 of the units. There is no mortgage, just a home equity line of credit. We get $8400/yr for 1 apt. so should be $16,800 for 2 units if we move out and buy a single house for ourse...