Daniel Barad
Wildly Different Rent Estimates
I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...
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Is it better to invest in commercial property or residential
What is a safer bet, investing in commercial buildings, or investing in residential properties. If you become a local landlord to shops in a town, would that be better then if you had homes there?
Thank you.
Lupe Santiago
Private Lending in Florida - Rules & Regs
Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
Brie Schmidt
Will there be another recession?
Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...
Jon Adams
Rental not renting
I have had my duplex listed for about a month with little interest. I looked at RentOmeter and I think i am right in the middle with the price. I don't understand it; everyone is telling me it is the cold/snowy weat...
Calvin Thomas
Help me understand mortgages for investment properties
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Amy Zemser
Using your home equity to purchase rental units
Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold. For the past few months, I've been reading a great deal about wholesaling (I even starte...
Wes S.
REO Offers Accepted
Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...
Jeff Lundeen
Where will people move - Exodus from Cali and NY
California has long been seeing people exiting, and I'd speculate that COVID will increase that trend. Especially as we see tech companies like Twitter, Square, and Facebook allowing Work From Home. I personally see...