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 (10,000+)
Stacy McGee Evicting in Memphis, TN Help!
10 March 2024 | 9 replies
When something unique comes along, like the COVID-19 eviction moratorium, I had no problem navigating the situation because I am used to thinking through difficult situations, finding solutions, and pushing forward.
Michaela G. Old Atlanta water lien
11 March 2024 | 32 replies
Push hard enough and it disappears... but I doubt it's falling on title/insurer unless some other facts surface.
Rodney Love Which real estate strategy works best to escape the 9-5 rat race?
9 March 2024 | 89 replies
Real estate everyone is trying to make a buck in, and it makes the "market" unsophisticated on the buyer and seller side where each is trying to push and unfair deal most of the time.
Kevin Noesner The best site for NNN commercial properties
9 March 2024 | 18 replies
DST's front load fees so they have a strong interest in pushing them.
Matt Taylor First Deal - Cold Feet
9 March 2024 | 6 replies
I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???
Engelo Rumora WTF is wrong with investors these days?
9 March 2024 | 261 replies
Can I wash your plane and drink your wine?
Matthew Thomas Getting liability insurance on auction property before previous owner is evicted
8 March 2024 | 4 replies
She agreed to cash for keys but wanted a bit more time,   my attorney worked with the bank and was able to push out the close.Today I went to present the contract the the lawyer drew up for cash for keys and the person now wants to get out earlier and is looking to push the date up.a good friend of mine had a saying,   every now and again the sun shines on a Dog's A$$.it was sunny today.........
Robert Adams Las Vegas / Henderson Market Update and Projections
8 March 2024 | 0 replies
As elections get closer we will likely see consumer confidence start to become more uncertain due to the political climate and then resume again after elections are finalized.ibuyers and hedge funds are also ramping up acquisitions which is further pushing demand and lack of affordability.If/when the Feds do lower rates we will see a temporary improvement in affordability, however we do expect that small window to close quickly as lower rates will bring a lot of pent up demand back into the market which will push home values higher and cause affordability to worsen.With all factors considered here in the local Las Vegas and Henderson market we are encouraging buyers to buy sooner rather than later while they can get lower prices and seller concessions and then if needed refi later when rates come down and they have more equity.
Nick Giarratano Cash out ReFi options?
8 March 2024 | 13 replies
I’ve had some push back concerning cash flow in the deal supporting the new mortgage amount.
Dianne Pettitt Investment in The Summit Lofts in Georgetown TX. Is this a scam?
9 March 2024 | 23 replies
Was he recording the conversation to protect himself against future lawsuits?