Ray Malave
Buying Properties with HOA fees
What are your thoughts on properties with HOA fees? I'm looking at a 4-plex that has a $37 per door HOA fee.
Jeff Parkan
FHA 203k loan home condition
Hey everyone, I have a few quick questions.What is considered to be appropriate renovations for a FHA 203k? Could it be used to just update a old retro home that hasn't been touched since the 60's or is it for legit r...
Bryan Hancock
What Is “Wealthy”?
I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
Account Closed
Rentals. Do they matter anymore?
How many people out there thought rentals were the path to wealth? Are any of you questioning that now? I guess there is a good argument that eventually things will go back to normal and rentals will once again be the...
Hameed Abdul
Need Advice from experts on buying a 18 Unit Apartment building.
Hello Folks,
I got a 18 unit apartment building under contract and going through the inspection process. I have purchased a lot of single family and duplex’s over the past 3 years but nothing this big.
...
Jorge Vazquez
Five Red Flags When Buying a Home “As Is”
Foundation Cracks
Cracks in the foundation are major red flags. They’re harbingers of potentially significant repair costs or worse. Freshly patched cracks can also be a cause for concern.
Foundation cracks can be s...
Kelsy White
New Member from Phoenix, AZ
Hello BiggerPockets!I recently moved to Scottsdale, AZ from Toledo, OH and am looking to get started in real estate investing by house hacking. I currently rent, but plan on purchasing a duplex or triplex next year.A ...
Andrew Loaicono
Tenant Died in My Rental Unit
My Section 8 tenant, who lived alone, recently died in one of my rental units. She apparently had been dead for some time, but her daughter called to notify me just today. She went on to tell me that I have to contact...
Whitney Sewell
Do the numbers work? Great opportunity or not?
I would appreciate any help or guidance in analyzing the property below. Here are some details.Seller asking $300,000. He is living in three of the units, is elderly, and would like to stay there. He is selling becaus...
Karen Parker
The State of Florida Now Decides Who Lives and Who Dies
I found this article in the Sun Sentinel : Florida plan advises hospitals to bar some patients in event of severe flu pandemic
http://www.sun-sentinel.com/news/nationworld/sfl-swine-flu-crisis-propublica-sboct18,0,233...