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22 February 2018 | 0 replies
Is their anyone here on bigger pockets that lives here in the state that I can talk with and possibly pick up some pointers from?
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28 February 2018 | 23 replies
If you don't buy in a crummy area then you'll probably have you pick of a couple of PMs.
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24 February 2018 | 20 replies
Kevin's Attorney called Seller's Attorney who did pick up the phone at that time and Seller's Attorney claimed he was sick with the Flu and was not in the office to take care of the Cancellation.Kevin's Attorney, a week ago, was tired of waiting and then sent a Demand Letter in Writing to Seller's Attorney to promptly return deposit.Kevin went to find out more about the Seller's Attorney, specifically if he had any problems.We searched a public Court Website and found out that the Seller's Attorney was sued by a Client that was Purchasing a Property.
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23 February 2018 | 0 replies
The company I work with has about 20 units in the area 100% occupied and just picked up another 18 units and they never stay vacant for more than a few weeks.I don't want to miss out on this deal!
27 February 2018 | 19 replies
I am not a lawyer, but liability is determined by the contract that both parties have signed.
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5 March 2018 | 13 replies
I've always thought that paying trash ensured it gets picked up - but that may be a carry-over thought from my California days. so I pick up a small part of the water bill.
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28 August 2019 | 8 replies
If I were you, I'd offer to buy this person dinner in exchange for picking their brain. https://www.airbnb.com/rooms/975746@Bill S.
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10 March 2018 | 18 replies
We’ll make some other assumptions in order to keep this as close to an apples-to-apples comparison, too: You don’t have to invest a dime of your own moneyYou paid the same amount the REITs didVacancy Rate stays static at 15%You hire a property manager at 11%Repairs and maintenance are a very reasonable 7%Capex is about 8% since the homes are reasonably newYour mortgage rate on a 30-year fixed is 4.138% (more on why I picked that number in a bit)No PMI (no particular reason--I just like you)The numbers should look roughly like this:As you can see, you’re going to have to come up with a bit of cash each year, if you want to own them outright in 30 years.
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24 February 2018 | 19 replies
Libby,I have section 8 properties and if you take care of the tenants they will likely take care of you and be long term tenants.I would say to them I can't afford it right now but if you will give me 6 months I will upgrade the flooring and give you a few choices to pick from.
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28 February 2018 | 4 replies
No one likes surprise liens.This will also help you determine if a college town multi-uit is zoned properly like @Chris Seveney mentioned