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20 October 2018 | 29 replies
Get quotes for all of the repairs from professionals and then send them to the seller and ask for that amount to be taken off the sales price.
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20 October 2018 | 13 replies
Even if I could pull the full amount for windows and siding that wouldnt make sense to use that would it?
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18 October 2018 | 2 replies
If the property is generating a good amount of cash and you're happy with it I wouldn't make a big deal about the furnace and water heater - especially if the seller is covering the roof.
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18 October 2018 | 1 reply
If you can stay with family, they may pay them a per day amount instead of paying for a hotel.
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18 October 2018 | 1 reply
I got lucky buying a foreclosure which I sold for a stupid amount and put into a duplex.
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18 October 2018 | 4 replies
Hi BP,I've been following BP for a long time and my wife and I, finally, took the plunge and bought our first rental and now our second and couldn't have done it without the huge amount of great advice from this community.
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18 October 2018 | 0 replies
It has been on the market for 134 days, so I may be able to negotiate a lower price if the seller is motivated.My down payment is 3%, and closing costs will be factored into the mortgage.The amount for principal, interest, property taxes, insurance, and mortgage insurance is around $740-$760/month.
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18 October 2018 | 3 replies
We are growing at such a rapid pace I have noticed our systems aren’t adapting.For example, with all of the units, there are a substantial amount of repairs and maintenance going on.
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20 October 2018 | 5 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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20 October 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.