Jeff L.
Deed Transferred Sub-To: Just received Tax Bill. Is this normal?
26 July 2015 | 14 replies
I am assuming the mortgage company will still pay the tax bill and I just received this bill as standard procedure from the county simply making me aware of the bill?
Rahul Mittal
Refinancing as a Foreigner
19 August 2015 | 1 reply
As you've discovered, many traditional lenders won't work with US borrowers who have only foreign earned income.
David OConnell
Confused and need Guidance
23 July 2015 | 8 replies
Just because there are no barriers to entry does not mean that everyone is a wholesaler.I understand that there are some legitimate wholesalers out there, but how do you guys feel about the fact that anyone can simply call themselves a wholesaler?
Matt McCourry
Are my numbers to conservative?? And, what should be included when calculating a cap rate?
28 July 2015 | 4 replies
Heres the way I calculate it,(Gross Scheduled Rent) - (Vacancy rate (at least 5-6%)) = Operating Income(Operating Income) - (Repairs & Maintenance + Utilities + Taxes + Insurance + Management Fees (at least 8%) + Replacement reserve (capX)) = NOIThen I simply divide the asking price by the NOI (Asking Price / NOI) to get the cap rate.I can't find anything above 5 or 6 % at best, am I doing something wrong or does the MLS just suck that bad??
Kenton C.
Did I overlook this - tax assessment?
31 December 2015 | 8 replies
For this reason and more (like abatements, homestead exemption qualifications) simply call your local assessor to get the information "straight from the horses mouth" as they say in Texas.
Linda Weygant
Rental Number 6 Under Contract
4 October 2015 | 31 replies
I intend to save out a piece of linoleum from the floor and use @Dawn Anastasi's trick of lining the bottom of the sink cabinet with linoleum to prevent this kind of thing from happening in the future.Also discovered the source of yet another smell.
Scott Trench
BiggerPockets' NEW Dashboard Boxes!!
28 July 2015 | 22 replies
The recommendations will simply lead you to the dashboard and if you aren't interested in seeing them you can "x" out of them in the top right of each box.Thanks guys!
Lizina Green
When did you know you were Addicted to REI?
31 July 2015 | 4 replies
When I discovered the tax, appreciation, and rate of return benefits of real estate as compared to stocks, bonds, or p2p lending, I decided an addiction to REI would be in my best interest as an investor.
Brent M.
Vegas Landlord living in the Bay Area and investing out of state!
24 July 2015 | 1 reply
Wish I'd discovered BiggerPockets years ago!