Cooper B.
Quickbooks reports by class for flipping
I hate to ask another question about Quickbooks on the forums but after reading numerous threads I haven't been able to get an answer for my situation.I recently had someone from my CPA's office help me to set up Quic...
Terrence Evans
Looking for informed opinions about modular housing
Hi all,This is not my normal forum but I was curious if someone could give me insight into modular homes. (Not mobile/manufactured homes) I want to understand what the total costs and concerns are. I am not a build...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
Chris Stephens
Flipping Homes - 1. Budgeting Lesson
Hello BP!I thought it would be a great opportunity to start posting some of the current and past flips my team and I have completed. My goal by doing this is to allow the BP community to learn from our mistakes, conne...
Jason C.
Rental Dwelling Insurance
I wanted to see if anyone can provide feedback on Rental Dwelling insurance. I currently use Statefarm and my premium just went up from $450 a year to $500 for the year. Now I know this isn't a big jump in cost on a d...
Alek Lowry
Modification to unit to make it suitable for handicapped tenant?
I have a tenant who has lived in my unit for about 12 years now. He recently had a stroke and is requesting that some changes be made to the unit to accommodate him. Things like widening the doorways to be able to get...
Victor Oben
What rehab cost would yield a $200 rent increase?
I found a property that's $200-300 below market rent and needs some work. How do I estimate what rehab cost would make the rent worth raising $200-300? Is there a formula to calculate this?
Frank S.
Rates Received for Conventional Mortgage
Hi there,Can you please comment on this estimate? It is from a large bank.Currently, I don't have a mortgageScore 780Property Gross Income: $26,400Assuming 160K appraisal, 30% equity: DCR 2.5 Cap Rate 10%, Ca...
Danielle Cage
Insurance Cost Mixed Use Building - Illinois
Hi,I have my first multi unit under contract located in Illinois. It’s a mixed use building with 4 units. 3 are being used residentially and 1 as a business.The business is a studio with no equipment inside. There is ...
Gilbert Foelscher
Private lender AIMLOAN
Hey BiggerPocket community,I'm in Canada and I found AIMLOAN. They offered me that:Please see below for term calculation on the amount $200kLoan Amount: $200,000.00Loan Terms: 6 MonthInterest Rate: 8.00%Repayment Plan...