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“What do you think sets apart successful real estate investors from those who give up, fail, or never get started?” As many of you may recognize, this is one of the final questions asked on the BiggerPockets podcast b...
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In a book I was reading, the author made a point to say that calling yourself the "landlord" or "owner" of a rental property in front of a tenant can lead to some rather unfortunate scenarios. Rather, letting the tena...
Hello, I'm starting to practice analyzing deals and I was curious what you all thought of this listing... The strategy would be to buy and hold/For the sake of evaluation, let's say that Mount Vernon is a C- to B- n...
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Hi all,
I'm doing a cash out refi, and the appraised value is "okay", but I think it's off by about 20k; which makes a huge difference in the cash out value. Essentially, there are 4 adjustments the appraiser is doi...
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I'm in Dilemma in figuring out the number on couple properties that I about to submit an offer. Prop1: Asking price 170kI'm submitting offer for 160kDp : 25%tax 4688/yearHOA 350/annuallyIns 80/monthflood ins: 40/mont...
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Really enjoyed the most recent podcast with Fat Tony. Personal finance and saving should be a larger component of the REI discussion, and it seems that Tony got started with a lot of good saving and living habits. So ...
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Hi Everyone! Potential newbie question here.A BP user was advertising REO properties in Florida. When I reached out to them they sent me a 3 page NCND non-ciscumventing non-disclosure agreement to be able to share the...
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Hi all - I have a question that is most likely for tax specialist's and attorneys, but I thought I would see if anyone here has any insight. I sold a property with a partner and we put the money into a 1031 and bought...
So im currently in the market to purchase my first rental property. Initially I planned to purchase a multifamily home through FHA 203K to rehab home and build equity in home while providing low downpayment of 3.5%Now...