hi, Someone mentioned no need to do deal unless 400$ cashflow after mortgage loan etc which is next to impossible in my backyard Atlanta. Where else I can focus around Atlanta to get 400$ without getting into D locations horrible properties on septic tanks, Crawlspace’s built before 1970 etc. Ple...
What does "investor-friendly" actually mean? I've seen this come up several times in the forums so I thought I'd attempt to define it...and I'd love for the community to push back or add to it. 1. They talk in numbers, not PFA (plucked from air). An investor asks "what does it rent for, what will...
While being a licensed plumber in Atlanta you’ll see different plumbing situations in every house. Depending on where you buy in Atlanta depends on the type of plumbing you’re most likely to see if the property. My Top 5 Plumbing issues that need to be addressed: Cast iron drain lines inside of t...
Hi, To close dscr 100k turn key sfh rental home how much I have to save up including all down payments, taxes, closing costs, points, fees etc etc. My middle score around 681. Has some credit card debt with debt to income more than 50% currently. Is debt to income relevant for dscr? I have some c...
Hey BiggerPockets! I’m Benjamin, and I live in Atlanta’s Old Fourth Ward, right near Midtown. I work in hospitality and bartending, and I’ve been building my savings and learning about real estate through BiggerPockets books and this community. Now I’m ready to start turning that preparation into...
Some of my earliest lessons about making deals had nothing to do with real estate. They happened around games of spades in the military. You’d have four people around a table, cards moving, people talking trash, and somewhere between hands, actual problems were getting solved. Guard shifts got tr...
Hey, y'all! My name is Jagger and I am interested in real estate investing. I just graduated college a couple of months back and have been working and getting my finances in order since then. However, since I first heard about it a couple years ago, investing in real estate has seemed like the wa...
hi, After I left previous employer couple of years ago I pulled out money from that employer 401k custodian company to Roth IRA by paying taxes I believe. I like to use this money to invest in buying single family or small multi family. What is best easiest and cheapest way to do it with minimal ...
A property can look like a great investment on paper...until the timeline starts to get stretched. A flip projected to take 5 months turns into 8. Renovations run behind schedule, permits take longer than expected, the property sits on market for longer than you thought it would. Meanwhile intere...
As I get closer to buying my first investment property, I’m realizing how much I’d value having someone experienced to learn from. Books and forums have helped me build a foundation, but I’d love to work through a real opportunity with someone who can explain what they’re seeing, what questions t...
Hi, I see lot of tax lien gurus in social media charging money promising home purchase around 1000-10000 range. I am confused. I never did tax lien purchase in remote states, areas. What are pros and cons. Deed states better compared to tax lien states. My approach is long term buy and hold. What...
I'd love to know other investors and flippers experience working with New Western. I know they're a massive wholesaler in several states throughout the U.S. What's it like working with them? Any issues signing their disclosure agreement? Have they provided any useful deals to you? They approached...
One thing I've come to quickly appreciate in real estate is how valuable the relationships are. I've had some great conversations with investors around Atlanta lately. Some have been in the business for decades, others are just getting started, but there's something to learn from just about every...
Started a land business last year. Have bought and sold several properties so far. I am now learning how to scale my business. Owner financing is the main strategy in order to develop an income stream that repeats month after month
hi, I heard bank owner Reia foreclosure are safe without any issues for my long term buy and hold rental purchase at cheaper price. What are pros and cons of this approach. Please advise
I set up deal alerts in few websites like Redfin, Zillow, realtor etc. My email alerts for specific search like specific location zip code city at specific price not coming regularly or daily etc. How and where I should set up alerts successfully so that I get immediate alert of email or text Ple...
Hi, How to find crime in area. I checked spotcrime website but lot of advertisements there. Any other good free resources to check crime before buying remote rental properties without flying or driving there. Please advise
We're two brothers early in wholesaling fix & flips, working the Atlanta market from California. We've been calling listing agents on distressed properties and sending offers every day, and we've had some counters but nothing under contract yet. For those of you who've been doing this a while: Wh...
Dear BP members: Anyone here in Atlanta area that has done siding replacement recently? I would really appreciate if anyone has good contractor recommendation. I have a small rental(3bed/2bath) in lawrenceville with about 2000 sqft(measured siding sqft) to be replaced. Most roofing/siding compani...
Hey y’all currently in the process of renovating a 5B 3B house for rent. My original plan was just to flip this like everything else. I recently heard about residential assisted living facilities. Has anyone actually started one of these? Are they as passive as I have heard about? Would love to p...
Currently using Batch leads which maxes me out at 1,000 texts a day, does anybody out there have a program that they recommend that is affordable and allow me to increase my volume of texts per day?
Hello there, I believe is my first post so bear with me. I have been lurking on here forever, but just recently became a member so that I can access all the extras. I am considering investing in a home to Padsplit, but not quite sure what the best structure for financing would be. There will defi...
I live in the state of Georgia, (middle Georgia region) and my family has property that was inherited to us from my Grandmother's passing. However 2 peices of land went up for auction over the past year and and a half. For once peice of land, none of the heirs were notified and for the 2nd peice ...
Hello everyone, My name is Austin Bosgraf and I am looking to buy a house hack property to live in while attending grad school next fall. My reason for posting today is to ask for some clarity on receiving a loan for said house hack. To give some background on my financial position I am coming ou...
Hi, My husband and I own single family home on a 1.14 acre lot as our primary residence. On it, we want to develop a small scale mix use project where we’d turn our current home into a community education space and office space (housed in the basement that is unfinished) and build 1-2 units on th...