Michael Bacile
Looking at mortgage payments in analysis
I’ve got a question about property analysis. When I’m trying to find potential rentals would it be fairly accurate to use the givin mortgage quote on realtor websites? I’ve been using the “mortgage payment calculator”...
Aaron Crow
Convert a Duplex into a single family (Dallas, TX)
I am looking to purchase a flip property, and while running comps, it appears that highest and best use for the property is a single family. It is 2600 sqft, would be a 4/2/2, adding about 50k in value by converting ...
Bhanu P.
Can we lease to default borrowers of a foreclosed REO in TEXAS?
We closed a REO property in Texas and former owners are still living in the property and when we approached them to give 3 day notice, we learned that they are interested to lease from us for an year.In normal situati...
Adam Jernow
Buying Real Estate in a Tax Sheltered Account (SEP, IRA, 401K)?
Hi,I have some money in my SEP and a potential investment in rental real estate (mixed use, cash flow positive multifamily to be specific). The question is, would there be any benefit to buying the property in my SEP ...
Michael Shenouda
How do you budget and breakdown initial seed money
Hello All,Still learning here so please bear with me!Assume I have finally gotten to the point I have $30,000 saved up and feel ready to get my feet wet in this RE game. I obviously can't use the entire amount as a do...
Ellie Narie
How much in reserves would I need if I want to buy 20 houses at once with mortgages?
I'm wanting to 1031 exchange my one property into 20 different houses in a low cost state. If each house costs around 80k and I get a mortgage for 80%, how much would I need to have in reserves? How much would you rec...
Jeffery Smyter
Construction Permit denied for a DIY Landlord?
I currently own a single family rental in a suburban neighborhood. Recently I went to obtain a permit to make some improvements to the property. I was told that permits are only issued to owners who reside at the pr...
Andrea Valenzuela
Repairs/maintenance budget when analyzing deals
Hi everyone! Rookie here! I am practicing analyzing deals and I am getting different opinions regarding how much to allot for repairs. Per the Bigger Pockets Analyzing rental properties calculator video, it is best to...
Account Closed
NPN Joint Venture: What should I be looking for?
Hello Note Investors -
I am considering jumping into a JV to get started in the world of notes. I'd like to start with a secured 1st position NPN. Ideally, I would provide capital but also get exposure to the entire ...
Rachel De Villava
Pros and cons of building multi-family from the ground up?
Has anyone had success building a small multi-family (triplex or 4-plex) from the ground up that cash flows? What are the pitfalls?