Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (7,918+)
Theo Farver New to Bigger Pockets
4 March 2020 | 12 replies
A great way to start planting the seed for many relationships to come.If you are interested in House Hacking, there is a house hacking meetup every first Wednesday of each month at Improper City.
Darshil Parikh Why are prices in Round Rock, TX not going up as much?
3 March 2020 | 16 replies
There are rumors of Amazon distribution center (North East) opening in next 2-3 years, Samsung plant being there, there is a lot of potential.
Solomon Stavis Wait to buy or hold for a year in the Great Tampa Area
4 March 2020 | 13 replies
You may also want to check out Plant City which is on the East side - however schools aren’t great...I’d watch REO sales to get a sense of what your ideal property would go for...  
Vincent Plant Going from 1-2 deals a year, all in full time, no safety net.
9 March 2020 | 4 replies
@Vincent Plant making this leap is scary.
Amy Koch Keep or fill small ponds on rental home?
8 March 2020 | 9 replies
Can you make them into planted areas?
Vincent Plant What no one talks about with BRRRs!
9 March 2020 | 10 replies
@Vincent Plant i dont have to wait for the seasoning period.
Nicholas Oh experienced, but I've never experienced this!
9 March 2020 | 7 replies
I needed to caulk, trim paint and the biggest thing was pressure washing the rear deck because the previous tenant had potted plants on it for 4 years... a bit of a pain because it's a very humid environment down here so wood rot is prevalent.     
Eli M. Coronavirus and Real Estate
23 March 2020 | 14 replies
We're sort of in unchartered territory with entire towns, plants, businesses locking down.
David Nacco Mobile Home Park Investors, Where do I Start?!
2 April 2020 | 7 replies
The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…
Johnson Michael My RE journey so far
4 June 2020 | 2 replies
I'm a Process Engineer by experience, did many years in an automotive supplier plant, so I like to think I have the eye and mind for breaking things down, finding the root of the issues, and building systems, so anytime you want to talk shop, or just shoot the bull I'm always down!