Anna Philibert
Advice Needed: Buy a Home Now or Wait Until We Settle Down?
28 July 2024 | 12 replies
When the market is more balanced, then it may make sense to buy a primary and convert it to a rental when you move.There are exceptions, but you will need to learn how to really analyze a property to know when the numbers make sense.
Kasi V.
PURCHASE CONTRACT AND ESCROW INSTRUCTIONS - Any downsides
27 July 2024 | 5 replies
Like Bob, mentioned, perhaps they are wholesalers looking to take advantage of an unrepresented seller.
Dennis Meyer
What Heloc strategy is best?
29 July 2024 | 5 replies
If the property appraises at $500K, 25% higher than purchase price, either because you bought it for less or due to market appreciation, then you essentially get all your $100K back.
Jason Bu
I’m Looking to Buy my First Rental Property
27 July 2024 | 7 replies
BiggerPockets can be a great resource, and I know there's tons of information available on the Fort Myers market specifically.
Jeff Schemmel
Talk to tenants during showings and inspections
26 July 2024 | 1 reply
I'll explain...When you purchase a property with existing tenants, who have a lease in place (in MN you can also have verbal leases), you'll inherit those tenants and the leases they signed with the seller on closing day.
Jacob Schurer
Rent or Sell Current Primary
28 July 2024 | 5 replies
If you do a case study also consider what market appreciation and mortgage paydown would occur in both scenarios.
Adam Sha
Investment Dilemma: High Rent vs. Mortgage Payments in a City with Lower Wages
28 July 2024 | 2 replies
How much it rents for is not determined by what you'd need to make it a good investment, it is determined by the market.
Aaron Hartman
Medical Doctor and Business Owner
28 July 2024 | 8 replies
Since you're planning to buy your first multifamily unit, I suggest looking into markets that have great macroeconomics with growing population and jobs just like Columbus OH.
David Serna
FIX and FLIP in North West San Antonio - Many lessons learned on this one!
25 July 2024 | 1 reply
After going back and forth, taking the property off and on the market, bobbing and weaving on the price, waiting a couple of months to see any real action come in, I landed a client that was interested in the house.
Belinda Stoner
Deposit back to tenant who’s leaving early?
28 July 2024 | 6 replies
The NOLA rental market, especially for the more expensive neighborhoods like the one my rental is in, has been slow.