Shannon Vinson
New investors looking for a private lender, or advice in general
15 May 2021 | 24 replies
I know Marshall Reddick has an office there and do private lending.
Carly M.
Should I sell my recently purchased property?
1 June 2021 | 3 replies
If you have a plan on where to invest it to get a better return then go for it.If not then look at ways to improve cash flow such as sub metering the electric, water and gas and arguing your property taxes down with the assessor's office (the tax assessment dispute typically takes place once or twice a year depending on the city).
Kyle Marsh
Any recommendations for Real Estate Attorneys in MA?
14 May 2021 | 2 replies
I use the Law Offices of Andrew Schultz.
J. Mitchell Bernier
Conventional 30yr Financing Rates
15 May 2021 | 6 replies
I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%.
Jim Cummings
Top Texas Investment Cities
19 May 2021 | 3 replies
Interest for office and retail property has cooled, but hotels are gaining interest.Investors from Asia, Europe, and Canada are expected to make the biggest contributions within the U.S. real estate market over the next few years.The survey gathered insights from 101 respondents across 19 countries.
Kasey Destache
Number of Occupants per Unit Los Angeles
14 May 2021 | 10 replies
Also, five people for 360 sq ft (and this is an opinion here) sounds odd to legally allow to rent to in that tiny space.
Montez B.
FHA loan to conventional (repeat)
24 May 2021 | 26 replies
So I was taking to a loan officer and he told me that I can only use the FHA loan 1 time and for me to use repeatedly I have to switch my fha loan into an conventional loan, so I was wondering what would be the pros and cons of me doing this ?
Sylvia Santelli
How to set new addresses on a multifamily??
20 May 2021 | 3 replies
I just purchased a 4-plex, but the previous owner does not have separate addresses for each unit.For example, I pushed 123 MainStreet and I want each unit to be represented separately, 123 MainStreet Unit A.Do I need to do anything official with the post office or city?
Alvaro Rodriguez
New real estate agent
19 May 2021 | 8 replies
Second, join a team (if your office has one).
Jeffrey Hanson
hey this is my first post on BP, i think i found a good deal
19 May 2021 | 4 replies
hi everyone, this is my first time posting to bigger pocketsi am an airline pilot in my mid 30s and looking to create a new life for my wife and myself and our baby on the way. i have dove deep on BP and been scouring the bookstore and the podcasts and learning as much as i can about investing in real estate. we currently live in a 1b/1ba home we own, and no longer owe any debt. i bought it for $120k in 2015 with 2br/1ba, met my wife the next year, she moved in and we gutted it and rehabbed it ourselves (aside from some structural flooring stuff and the final electric and water connections) and blew the tiny bathroom out into the adjacent bedroom, making the house a 1br/1ba. we did all the framing and flooring, paint and drywall and fixtures ourselves. we plan to add an additional bedroom or two, and possibly another bathroom, in the unfinished attic at some point. i was granted a HELOC for $120,000 with my local bank after it got reappraised a month ago at $163,000. i think we spent around $25,000 on the rehab so i'm feeling pretty darn happy about the situation. obviously the covid exodus from boston and new york have pumped real estate prices but we dont really plan on selling any time soon; but possibly renting it out if i get relocated for work.i am trying to find my first investment deal, and my wife and i have narrowed down our plan to aim for a rental with cosmetic rehab and solid tenant base. we thought about house hacking. i'm not sure of where i'll be sent next with work, but i will be sent somewhere else soon. our local market (vermont) is not very landlord friendly so we are looking at long distance, self-sufficient rental as our first investment. i am leaning toward student rentals, and after searching and comparing prices and stuff we have chosen to focus on a few different college town markets in the TN, KY, WV region. i have found a property i think might fit. its a triplex with three 1br/1ba units and off street parking, split utilities, w/d in each unit, located a half block from campus. it seems in decent shape, its been on the market over 200 days, and is listed at $190,000 in a market i believe i can ask at least $750 per unit for rent, which would bring my cash flow to near $1000/mo if i used the calculator correctly.what next??