Samuel Coronado
Developing a new mobile home park- Help
12 August 2024 | 6 replies
The whole point of owning a MHP is so that you don't have any maintenance, such as clogged toilets, appliance repairs, mechanical system repairs.
Steve Cribb
Rent Payment excuses
11 August 2024 | 12 replies
I’d take this as a lesson learned and put more emphasis on the tenant screening process moving forward.
Don Konipol
Real Estate “Enhanced ROI” Techniques
10 August 2024 | 2 replies
His book “Invest in Debt” is still the best on the mechanics of discounted note investments.John Beck, unfortunately succumbed to temptation of “guruism” in his later years, hooked up with a real estate marketing company out of Las Vegas, and became front man for mentorship programs promising unsubstantiated returns.
Faiyaz Hashmi
Real Estate Rookie New to BiggerPockets
10 August 2024 | 5 replies
Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow.
Holly Peterson
What Are the Biggest Mistakes You’ve Made in Private Money Lending?
8 August 2024 | 5 replies
Placed too much emphasis on who he was rather than the property itself (but this investment property still had plenty of equity) and then had to foreclose on him because he went dark.
Brandon O.
Recommendation for New Home Builder/contractor?
8 August 2024 | 8 replies
Doors and windows are in and we are in rough mechanicals.
O Samuel Adekolujo
Help me analyze this deal
8 August 2024 | 1 reply
How old are the main mechanical systems HVAC, Water heater, Boiler?
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
It's fear based which is a safety mechanism.
Jonathan Greene
The 5 Biggest Mistakes New Investors Are Making Here In The Forums
19 August 2024 | 244 replies
There should be mechanism to minimize duplicate or a question that's not having too much context.
Mike Dempsey
Furnace & Air Installed Premature
7 August 2024 | 3 replies
If they refuse to pay and you installed what was quoted in a workmanlike manner then you file a mechanics lien on the property.