Troy Giles
is this a good deal?
2 BEDROOMS2 BATH 2ND LEVEL CONDOBRIGHT OPEN FLOOR PLAN!NICE KITCHEN2 LARGE BEDROOMS RENTAL INCOME IS $872 PER MONTHASKING PRICE IS $115KThanks in advance
Erin Bryant
Should I take the private money lending for this deal?
Hello,I am fairly new to real estate investing and this would be my first deal using private money lending. Here are the details of the deal:Purchase price: 262,000rehab: 7500ARV: 340,000I have a private lender willi...
Vaibhav Bakre
Maintenance repair costs for a 40 years old house
I am evaluating a $300K house that is about 40 years old. The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this p...
Brooke Jenkins
HOA asking to enforce a violation from 30 years ago
Hi, I am the trustee of a property of my parents in NC. My father has passed. There was a small apartment built separate from the main house, HOA rule indicates only 1 structure, and the HOA is asking my how I plan to...
Christopher Winkler
Equity Build Collapse
I just saw Equity Build was shut down, ruled a Ponzi scheme, and ripped off investors to the tune of $135MM. Anyone get caught up in it? If so, what is your story??? Ripoff Report verified them! Ripoff Report Verified...
Sunny Shah
Hello from San Francisco! Excited for long distance buy-and-holds
Hello, Bigger Pockets! My name is Sunny and I am a new member from San Francisco. Before moving out west, I spent four years at UPenn (Philadelphia) and the earlier parts of my life in northern New Jersey. I currently...
Mario J Perez
Multi-Family Expenses as part of Gross Operating Income
Hello,
I would like to get an idea of what percentage of the gross income expenses are in a large multi-family property?
I realize this is going to vary, but I would just like to get a ballpark figure.
Thing is, wh...
Aaron Helmholdt
How the cost of money affects investment - real example
I am a long time reader of biggerpockets but a new contributing member. This past August I bought my first property - an owner occupied duplex with an FHA loan. What I am struggling to understand is how the cost...
Jonathan Napper
Would You FHA? $179K 15% Cap 1st Deal
I have no debt, decent income and would be first time home buyer. Would you FHA 5% down? Here are the details. Obviously I did NOT include the 5% down. Any advice would be great. AP - $179K ($179 @5% 30YR)GSI - $27,00...
Account Closed
How to properly transition old tenants to new landlord??
Hello BP Family!
I've recently purchased a 3 family fully occupied. I'm very excited for this transaction as I've been on the website for a while and have finally made the first step towards my goals.
My question f...