Stacey Ocampo
Anyone on BP investing in Oahu, Hawaii?
13 June 2022 | 17 replies
I saw you have numerous investments in different states.
Ryan Brown
Southern California Real Estate Lawyer and Tenant Lease
9 January 2021 | 2 replies
I've seen a lot of default templates to use, but I want someone with experience and expertise (which I have none) in this area to help facilitate this.
John Montgomery
closing costs on refi
27 February 2020 | 5 replies
Whether you do it through a bank, lender, hard money or private money there are items that you can't get out of.But the most important closing costs to be aware of are:Origination fee or broker fee (% of the loan amount) — Typically includes all the small fees charged by your lender or broker to set up the loanTitle insurance ($300-$2,500+) — Fees paid to check historical records and make sure the property can be legally transferred to youEscrow fees ($350-$1,000+) — Fees paid to a third-party “escrow company” that handles funds and facilitates the home saleHome appraisal ($500-$1,000+) — Fee to evaluate the home’s fair sale price or refinance valuePrepaid taxes and insurance ($1,000-$4,500+) — Generally you pay six months to a year of property taxes and homeowners insurance in advance when you closeWhen you buy a house, the closing costs typically fall between two and five percent of the sale price.
Douglas Underwood
Where to Buy a Vacation/STR House in the Greater Phoenix Area
10 February 2023 | 3 replies
Hi @Douglas UnderwoodI've helped several BiggerPockets investors buy properties for STR, MTR and LTR in Metro Phoenix.While Scottsdale is best known as a tourist destination, there are numerous STRs in place, so you'll want to consider that.
Kolina Leong
New Member to BP
15 February 2023 | 22 replies
In the description its says it's not a sales/marketing platform so hoping the organizers are there to not sell any services but rather to facilitate an exchange of ideas. https://www.meetup.com/the-bar...Thanks @markpedroza for the information!
Bruce Jones
Live-in Flip - Virginia Beach, VA
16 February 2023 | 2 replies
Clients of mine - I have sold numerous homes for them.
Austen Carroll
Getting offers to buy my cash flow rental
2 September 2019 | 49 replies
We've received numerous inquiries from interested buyers about if we would want to sell.
Joseph Kirk
ROI question on Triplex - Good deal?
10 February 2023 | 3 replies
Here are my typical requirements for a deal from a purely numerical perspective:Cash on cash: 7%+ average over 5 yearsAnnualized ROI: 25%+plus or minus depending on the location or other factors.
Marco Gonzales
What happens to ROI when you refi and reinvest all money back into property?
21 February 2023 | 1 reply
However, whatever actual money you put into the purchase plus the mortgage would be your denominator and the actual net income per year would be your numerator.
Tyler Frost
Text Blasting as the New Direct Mail
29 July 2020 | 30 replies
They pull numerous lists, then SKIP TRACE to remove DNC's and Litigators and what's left is the numbers you text blast.