Jonathon Klem
Establishing Budget For Improvements
I recently purchased my first property. I factored in mortgage, taxes, CapEx (at 3% per year of purchase price), and a 5% vacancy and I'm looking at a 13.69% Cash on Cash return.When I purchased the property, there w...
Glenn Espinosa
Multifamily investment in war zone, call me crazy
I'm looking to invest in a 4 unit multifamily smack dab in the middle of a warzone area. Hear me out. I'm banking on the fact that this property is in the outskirts of a growing college community. The college has gone...
Chris G.
Complete dump to freaking amazing in less than 3 months
House is in the North Hollywood/Sun Valley area of California, its a 1090sqft~, 3/1 with detached garage on a 7,400sqft lot. Being listed for sale @ $450K.Working on finishing this house this week. Here's a list of th...
Ted Harris
FHA 90 Day Seasoning (the Flip Rule) Waived as of Feb 1st, 2010
YES, it's true! This waiver, which takes effect Feb 1st of 2010, is limited to those sales meeting the following conditions ....
here's the HUD link with specifics:
http://www.hud.gov/offices/hsg/sfh/waivpropflip20...
Dominic Lucarelli
Bigger Pockets Success Story: 1 year of learning into ACTION!
SO.... after reading countless posts, listening to EVERY single BP podcast, joining the amazing Bigger Pockets community, I finally took the leap:I just closed on my first RENTAL PROPERTY!1. How I found it - I found i...
Anna Delos Santos
Long term to medium term rentals
Hello,i was wondering if it is worth switching from long term rental to medium term rental. I have a 3 units so doing one long term and possibly making one unit medium term. As I start to calculate adding utilities, i...
Michael Z.
How much time to pick up an apraisal order in SF BAY area?
It is known that there is a big appraisal backlog in sfbay area now. What is the usual time to have the appraisal order picked up and completed from the time it is being placed?My lender says that the order was placed...
Joey Tamusaitis
Need advice for finding wholesalers and good contractors
Hello Bigger Pockets Community,I am a new college graduate investor that lives in California. Just like many other California investors, I’m looking to invest out of state. I’m currently looking to get into single-fam...
Isaak Brown
Condensation on tenant walls. What to do?!
Hi all,Thanks as always for any help and advice. Tenants are experiencing heavy condensation. Walls are damp to touch, and some clothes are now moldy. Apparently this has occurred for a couple months since winter bega...