Hi All, I am a newbie and just getting started on trying to run some property analysis every day before I take the step into buying a property.  I am hoping that someone can provide me with some guidance in estimating...

HI all fellow Biggerpocket members. I have come to the conclusion that finding an owner of a building for sale is like finding a neelde in a hay stack. I am still pounding the pavement and doing my due diligence thr...

I, and several others, hijacked another post and went down a rabbit hole regarding cap rate calculation.  I don't understand why cap rate is considered a real estate equation.  In fact, IMO, one of the strengths of eq...

I'm trying to come up with some simple per square foot room calculations for rehab.  For example it seems like sq footage divided by 10 gives a good estimate for number of 12 foot drywall boards needed for walls and c...

One week before the final signing the buyer loses their job after which the loan processor calls the employer to verify employment so the deal can not close. Can the seller sue the buyer for anything?

A lot of condos and town-homes in Seattle/Bellevue area seem to have really high HOAs. How does one decide if HOA fees are reasonable? We recently saw a town-home that we really like. There are about 20-21 town-homes ...

I talked with a homeowner today who wants to do a short sale. They have the one loan with Boa, the house is currently listed with a realtor. I haven't had the pleasure of dealing with BOA yet so I'm not really familia...

In the back of my mind I think to myself, I have 1.4 million. But using the accounting equation, when I look at the 1.6 million in real estate I currently still own and take the 700K in equity and 700K in cash I'm lef...

Hey Everyone - I've search a this forum and a few others and I've seen a lot of 'equations' for Buy/Flip as being AVR(*70%)-rehab cost=max purchase price. NOW, my question is, what about non-flips? Is there a good e...

I’m looking for advise on how to verify income for a tenant who is retired.  The information I have so far is a statement from Social Security verifying monthly payment and a pension payment.  Both of these combined d...