Montez B.
FHA loan to conventional (repeat)
24 May 2021 | 26 replies
Using all fha mortgages means you aren't putting hardly any money into the deal and with prices rising you could be under water in the future.
Cheyenne Nafe
1031 Exchange Madison, AL
14 May 2021 | 2 replies
Somethings in the water there these days isn't there !!!
Patricia Aragon
Is oyster gray "dark grout" or should I go with natural gray?
15 May 2021 | 6 replies
A liquid additive like the following might be just the ticket:https://www.homedepot.com/p/Custom-Building-Products-StainBlocker-32-oz-Stain-Resisting-Admixture-Additive-for-Grout-SBG32/202525433 If you're looking for an off-white grout, I would feel confident recommending either Antique White or Bone with the above liquid additive.
Jeff Morelock
Are Inspection Periods Killing Deals in Your Area?
16 May 2021 | 10 replies
It just makes it so much more likely to close without having to come down on price that it's hard for sellers to resist that offer.
Kwame Knights
Short term renting in South East Michigan
16 May 2021 | 4 replies
@Bob Lett lake/water front ideally and close to some sort of attractions. 3br 2ba or something with value add play.I started researching municipalities but that task got a bit daunting.
Kalpesh Patel
Sell Rental as is or upgrade ?
15 May 2021 | 6 replies
These days nearly every home sells, even if they're ugly and need work.I'd be temped to just do the basics....make sure yard is immaculate, even if you have to take over the care...mow every week, use weed killer and water.
Andrew Caldieraro
Converting 4-plex into larger duplex
15 May 2021 | 6 replies
I realize there are city and zoning regulations, permits, converting the hvac systems/water meters/electrical panels, etc.
Saul Dueñas
Finally, Got the KEYS!!!! Duplex in Rosamond , CA
15 May 2021 | 0 replies
Hey Guys,I've been looking for an investment property for about a year, and about a month ago (March 2021) I was Late-Night trolling online in the usual watering holes (Zillow, Realtor, Redfin) found a property that I thought got away.
Jeffrey Hanson
hey this is my first post on BP, i think i found a good deal
19 May 2021 | 4 replies
hi everyone, this is my first time posting to bigger pocketsi am an airline pilot in my mid 30s and looking to create a new life for my wife and myself and our baby on the way. i have dove deep on BP and been scouring the bookstore and the podcasts and learning as much as i can about investing in real estate. we currently live in a 1b/1ba home we own, and no longer owe any debt. i bought it for $120k in 2015 with 2br/1ba, met my wife the next year, she moved in and we gutted it and rehabbed it ourselves (aside from some structural flooring stuff and the final electric and water connections) and blew the tiny bathroom out into the adjacent bedroom, making the house a 1br/1ba. we did all the framing and flooring, paint and drywall and fixtures ourselves. we plan to add an additional bedroom or two, and possibly another bathroom, in the unfinished attic at some point. i was granted a HELOC for $120,000 with my local bank after it got reappraised a month ago at $163,000. i think we spent around $25,000 on the rehab so i'm feeling pretty darn happy about the situation. obviously the covid exodus from boston and new york have pumped real estate prices but we dont really plan on selling any time soon; but possibly renting it out if i get relocated for work.i am trying to find my first investment deal, and my wife and i have narrowed down our plan to aim for a rental with cosmetic rehab and solid tenant base. we thought about house hacking. i'm not sure of where i'll be sent next with work, but i will be sent somewhere else soon. our local market (vermont) is not very landlord friendly so we are looking at long distance, self-sufficient rental as our first investment. i am leaning toward student rentals, and after searching and comparing prices and stuff we have chosen to focus on a few different college town markets in the TN, KY, WV region. i have found a property i think might fit. its a triplex with three 1br/1ba units and off street parking, split utilities, w/d in each unit, located a half block from campus. it seems in decent shape, its been on the market over 200 days, and is listed at $190,000 in a market i believe i can ask at least $750 per unit for rent, which would bring my cash flow to near $1000/mo if i used the calculator correctly.what next??
Paula Miser
Offering tenant a hotel room
29 May 2021 | 11 replies
We are offering a tenant a hotel room due to no water.