Hi, I'm getting a conventional 30 year loan on a $250k townhouse, 20% down, fixed rate. I'm working with a small lending firm (recommended by my RE agent) and we're getting close to "locking" the interest rate. The le...
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I am having a tough time understanding how $250-300 per unit is adequate for a CapEx Reserve. For example, if an HVAC blows out, that’s a $3000+ expense and there goes 10 years of reserves. There are so many other ite...
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Hello,
My name is Nick Flanders and I am brand new to real estate investing in New Hampshire! I have been listening to bigger pockets for about a year now and in January I was just about ready to buy a multi family...
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I am new to analyzing properties and keep noticing something that I am not sure how to understand. Here is an example below. No intention on buying it, its just for example purpose for analysis training.18 Unit CondoS...
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My wife & I love the Zillow Zestimate graphs,that are FREE and updated DAILY on some properties,but for CRE on Loopnet or another site,how can we research valuations?
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Hello BP,I was at my rental house this morning making a repair. The house smells so strongly of cigarettes that I still smell like an ash tray after spending less than 30 minutes inside. The tenant is fully aware th...
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Okay, so I'm getting ready to buy another house and then do some quick rehab on my current house and sell it. I've budgeted 15-17k for repairs.
The carpets pretty much all need to be replaced (2000 sq feet or so. T...
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I am looking at buying my first multi-family home and my searches (mostly in the Sacramento, CA area) will often read "below market rent" or "well below market rent". that sounds like code, but I don't know what it is...
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if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?
How about if I were to replace a range hood or other appliance with o...
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Hello Everyone,I am brand new to learning the investing game, I am trying to build a knowledge base while also trying get into position to make deals (saving money, credit, knowledge etc...) I copied an ad for two com...