Hanna Borowski
First Home/FSBO Advice Needed
Hello! I stumbled upon Bigger Pockets recently and have been listening to the podcast non-stop ever since! I just finished The Book on Rental Property Investing and now have a list of about 20 other books (thanks to a...
Bret Bordwell
Is your local bank lending to value?
Every bank I have asked, will only make loans based on purchase price. So, it doesn't matter how great a deal I find, I still need 20% of the purchase price. (plus closing and fees, etc.)
My question is... Am I not a...
John Dahl
Dwelling Insurance all over the place
I am under contract for a duplex in Syracuse, NY, built in 1925 and have received three different insurance quotes; all having significantly different dwelling replacement costs.Purchase Price: $155,000Quote 1 - $292,...
Jim McWethy
Crowdstreet private equity deals
I signed up with crowdstreet as an accredited investor and have listened to three sponsor pitches this past week. For example, one of them being a $43m raise on a 330-unit class A multi-family development in Houston l...
Kati Finneran
Making an offer during COVID-19. Good idea or wait it out?
Hi everyone, this is my first post here and brand new investor. We have been looking for about a year for a 2 or 3 family in our strong market in Mass. We have finally found a great 2 family option but now in the mids...
Michael Temple
Capital Reserves vs. Inflation
Thinking about the best places to store capital reserves now that savings rates are at or near 0%. We all know it is a good idea to have plenty of reserves, but where are some ideas of places to keep them. I would say...
Tom Coakley
Need help -rental property and basement water.
Looking for some advice. My wife and I have a rental property with tenants in it. After years of no water in the finished basement and laminate flooring, we recently replaced the flooring with vinyl flooring. Sure en...
Account Closed
Detroit Agents: Lazy or Scared?
Has anyone else -- investors, agents, owner occupants -- observed that many listings in the Metro Detroit area do not do an adequate job in marketing their properties?
Sometimes you'll see a proper Detroit ar...
Wesley W.
Umbrella policies for buy & hold
Because of numerous lender issues with LLCs, I've decided I want to try and protect my assets with an umbrella policy, for at least the present. I've read several threads on BP on this topic, and I'm still hitting th...
Michael Encoy
Refinancing options on forever-home turned rental.
Hello BP. Somewhat of a newbie here and would definitely appreciate any insight.
My wife and I purchased a home in 2015 as our forever-home for $520K, current guestimated (zillow) at around $625K, with a balance of ...