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6 November 2021 | 1 reply
I have found most of these takes elitist and dismissive, but I recently read an article, The Rise of The California Back House House Hacker claiming that our community at BiggerPockets and the subsequent reddit forums are having a similar impact on the real estate market.
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12 November 2021 | 2 replies
Got a couple questions about the rehab portion on the HUD in a delayed financing scenario and how it would affect the subsequent cash-out refi that hopefully y’all can help me understand:1) does the work have to be performed by a contractor (similar to how an FHA 203k loan requires this) or can you do it yourself,2) does the scope of work have to be line-item’ed or is it just a bulk amount for the whole shebang,3) in the event that the sun, stars and the moon all aligned and Mercury just happens to be in retrograde in the rehab actually came in under budget (say, $30k put on the HUD for the rehab and it came in at $25k all said and done), is the excess amount returned or just what happens in that scenario?
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23 January 2022 | 17 replies
Hi Miguel, I bought 13 new windows, 2 sliding glass doors, and new front door, for my previous personal residence single family from Window World for ~$13k.
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8 December 2021 | 1 reply
Greetings, BiggerPockets members!I am very new to investing in real estate and I seem to either be in a pickle or I am just not seeing viable alternatives. I am stationed at Camp Lejeune, NC and on active duty until a...
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9 December 2021 | 0 replies
Installed two sets of double french doors where two outdated sliding doors were.
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3 January 2022 | 3 replies
The mortgage broker I was working with was receiving friction from one of the normal lenders they worked with, who stated that the subsequent clause was for deployed service members; however, there is no mention of what defines a particular future event.
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4 January 2022 | 4 replies
Subsequently, reducing the profit split (50/50) between developer and investor.For example, food bought for the crew, daily expenses such as gas & labor paid for with cash (no receipt).
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3 January 2022 | 3 replies
Personally, I like to provide a high quality product in a nice neighborhood and subsequently, I intentionally have a strong rental criteria 700+ credit etc so I can weed out the tenants I do not see being a good fit.In regards to best practices, I usually do everything via facebook messenger, text and email but I will probably utilize a google web form moving forward.
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4 January 2022 | 3 replies
Slide a piece of undersized water resistant drywall behind the molding and make sure it fits (you don't want to have to recut the trim).
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10 January 2022 | 3 replies
(which means i should likely properly re-do my kitchen in the unit i currently live in.it's fine for me, but i wouldnt rent it as sits)thinking i'll try 1-4 units until i run out of easy financing... then may slide over to midsize multi.Cheers!