I'm evaluating a deal that on paper looks fantastic.
The numbers all work out, the property is in a great location, the price is incredible etc. etc.
The thing is I have this nagging feeling that I'm missing somethi...
Newbie here ready to make my first investment, a buy & hold rental. I can't tell if my gut is telling me to stay away from this property or it's just fear of taking the plunge.... any insight appreciated
Davenpor...
Just curious when you have multiple tenants interested in your rental property (Single Family House) do you have them all fill out an application and complete your screening process or do you pick the best qualified b...
Topic.I remember a deal my dad tried to make where a 4 plex was for sale in central florida for $110,000, and it needed maybe $20,000 in repairs tops. The catch was that there was no hookup for the washer/drier units....
Hi, I have prospective tenants that claim to have the husband-and-wife incomes that pay them cash, how would you go about verifying their income?
I have a friend who is desperately trying to sell their house. The house is ok, about $7k for rehab costs. They owe $110k, but home comps for the area is running at $130k. I figure after closing cost I can pocket $10k...
Dear BPersI have a condo that is on the market. The rent is $2000/month. I received three applications after the open house and now have a question on choosing the best tenant. Any help will be greatly appreciated.Amo...
You know I read this interesting book a while ago called "Blink". It's about how your instinct works, or your gut feeling. It's amazing how it seems like your gut feeling is always right. So why don't I follow it?
L...
I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits). I think the margins will be between 10% (no refinance and ...
I am actively searching for my first deal for a flip and I feel split between two schools of thought that I have heard through various BiggerPockets resources:School 1: get a property at a great discount and have a th...