Teage Staunton
Multiple SFH rental properties- financing question
I currently own one SFH that I rent. I lived in it before I rented it so financing was simple. I am now interested in buying a property solely for renting (already has a tenant); my problem is that I don't have a lot ...
Pat McCandless
using contractors to estimate repair costs
I'm trying to nail down my 1st rental property and one of the things I need to do is get a good estimate on repair costs via a walk through of the property. Since I've never done this before and don't have a construc...
Alex L.
In a Pickle - Looking for Advice
Myself and several partners invested in a piece of commercial real estate + business to operate from this real estate. The hired GC is awful and has rung up the bill well beyond the Loans we have available to build th...
Shaun Pruett
Does the 2% rule apply in Los Angeles
Hello, Los Angeles investors!I was reading about the 2% rule and wondering if it's unrealistic with high LA county home prices. If I buy a single family residence property to buy and hold for $200,000, I would need a ...
David Beard
Anyone getting financing on <30K properties?
As a followup to another thread that was posted on getting bank financing on inexpensive SFRs (sporting caps of 24-36% and up).
Has anyone, anywhere, been able to get local bank or credit union financing (at least 5 ...
Bryan Balk
Child Support Lien
We bought a house with a Child Support Lien on it from the state of Illinois. On our other homes with certain liens on them we have always been able to negotiate the lien down or have the title company insure over a ...
Adam Ulery
Low Income vs Moderate Income Tenants
Hi BP Team! I was chatting with a Tax Attorney this week and explaining my plans for beginning in real estate investment. He asked me if I plan to buy low end rentals with lower income tenants or mid or high end renta...
Margot Weatherford
Family Dollar -Dollar Tree
Commercial Brokers/ Investors that are familiar with Family Dollar/ Dollar Tree stores. What cap rate do you consider strong as a buyer right now when purchasing one of these locations? Every investor wants a 10% cap,...
Jason Polykoff
Beginner REI from Philadelphia area
Hi everyone! I’m a 37 year old father of two and I’ve just started the first step on my real estate investing journey... getting educating. Bigger pockets has been clutch, and I’m so grateful for this resource. My wif...
Leo R Arias
General Contractor Negligence or normal?
Hello, Bought my first home in Chicago and it was/is a rehab. Went with a contractor who is a friend of a friend and this is my first time doing a rehab. This will be my primary residence. It is a 2 unit RS-3 that I c...