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+)
Austin Medina Tri-Cities, WA Meet Ups and Potential Connections
9 October 2020 | 4 replies
As stated in the title and description I'm looking to find groups that meet up in the Tri-Cities area to discuss the real estate market, ideas, ventures, and collaborations.I have only lived in the area for approximately 6 months and haven't found any meet ups yet.
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…
Simon Obas Should I go through with This property?
2 June 2020 | 1 reply
•see the description below Newly renovated West End 3-family with 3-car garage!
David S. Strategies for passive investment
10 June 2020 | 24 replies
Selecting a geographical area you think is promising is one part of the equation, the class of investments is another part, and arguably the most important is people.
Julie Kern Commercial Lot Under Contract - Due Diligence Checklist
14 June 2020 | 17 replies
Speak with lenders about lending on the project We did; one lender summarily dismissed it because we don't have experience with ALFs, but based off the initial description of the project, a lender who did the loan for my 24-unit apartment complex gave us a preliminary yes. 
Rory M. Security deposit and itemized list questions
4 June 2020 | 13 replies
They know the shape they left the apartment in and based on the description of how they left the unit I wouldn't worry about them having the wherewithal to do anything about it even if they disagree with some of the deductions.  
Kuriakos Mellos Contingenet on my 1st out of state BRRR property in WI- help! ;-)
7 June 2020 | 7 replies
The price sounds high based off the description.
Anthony Sarrouf Software That Finds Property Info Given The Address Only?
4 June 2020 | 3 replies
I provide the address, and hopefully get back the following:Legal Description (optional)Mailing Address if available from the countyParcel ID (optional)Property ValueRoom Count Year BuiltProperty Use (Most Important, example: Vacant Lot, SFR, Multi-Fam, etc...)Bonus if I get mortgage info as well however I don't strongly believe in the accuracy of that info.I am relying on Deal Machine right now to give out some of that info, but I don't get a high hit rate, and the most important feature isn't given.Thanks in advance for any help!
Greg Pasquale Teeing this one up for investor savvy Florida agents
25 June 2020 | 4 replies
The Palm Beach area is only going to continue to grow because geographically there is no where to expand (east or west) therefore demand will become higher. 
Cody Smith Invest now with debt, or invest later debt free?
10 June 2020 | 79 replies
From the description, I wasn't sure, but if the only cash available is $20k, suggest building some more cash reserves first.