Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
Hey all - Looking to start off 2017 with my first BRRR property.This will be my first rehab. How do you typically go about paying general contractors advances for the project? Putting the money in escrow would be opti...
Hello All-I have been looking into buying some properties with a turnkey company. From what I see, correct me if I am wrong, most of these turnkey outfits are selling their rehabs for quite a bit over 'retail' value....
Already found the property and know what I want to offer, including terms, etc. The seller first listed the property on craigslist (which is how I found it), but recently listed it on redfin with an agent. I would pr...
Hello all,Very strongly considering this deal as my first rental. But I want some people's advice here first.It's going to be a rental property. Multi Family Home with 2 units. Each unit has a living room, dining r...
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
Hello all, so I am closing to getting a 3 unit multi-family house in the Lehigh Valley, PA area. I just have a few questions I am worried about that perhaps someone with more experience can help me with. 1) I took out...
If I have a rental business, can I use that income to qualify me as self employed so I can set up a self-directed solo 401(k)?
@Dmitriy Fomichenko @Seth Tandett
Greetings, I'm currently renting and I signed up with RentalKharma so that my rent would get reported to the credit bureaus and help build my score. They have been reporting my rent (can't say it has a made a differen...
Hi BiggerPockets community,
I’m just starting out on my real estate journey and could use some advice!
I currently own a single-family townhome in a great area. The property is fully paid off, as it was essentially ...