Rashaniqua Cason
Understanding ARV in deals
So I understand how to do comps but what I don’t understand is how ARV is decided. For example I looked at a home in Hilliard Ohio that asking price was 230k there were no properties in the area that sold with exact s...
Colin Leach
Understanding the 1% rule
I have read posts and listened to the podcasts and they discuss the 1% rule which I understand is a rule of thumb. I see this small duplex (1 bed/1 bath each side) listed for 70k. It is rented out right now at $450 pe...
Steven Denio
Understanding Delayed Financing Exemption
Hello All I'm looking for more information on the delayed financing exemption in regards to the BRRRR strategy. Does this apply across the board in all states or do some states not honor this rule? I'm in the Oregon a...
Jeff Gates
Eviction - do landlord understand?
In 83 Million Eviction Records, a Sweepingand Intimate New Look at Housing in Americahttps://www.nytimes.com/interactive/2018/04/07/upshot/millions-of-eviction-records-a-sweeping-new-look-at-housing-in-america.html
Daniel Spaizman
Understanding the Numbers - NOI
Hi all!I recently watched one of the BiggerPockets webinars (totally awesome material) where the rental calculator was used. After putting in all the numbers, a report was generated and I didn’t exactly understand how...
Sebastian Rodriguez
Understanding the Refinancing process
Would like some help understanding the refinancing process. Using the BRRRR system, once I refinance the home w/ the equity i’ve added, does the mortgage now reset to the new value of the home? And does that mean high...
Cliff T.
Help understanding lease terms
Hi all,I'm hoping I can get some clarity with a lease that I've signed with my tenants. Their lease technically ends on Sep 30, 2018 and I was given verbal notice today that they will be leaving when their lease ends....
Martin Sterling
Understanding The Title Report
Greetings, I recently watched a video about title reports in order to learn more about them.https://www.youtube.com/watch?v=-t_633C4wMsI had a few questions that the video creator didn't address: In the video the top...
Sammy Patel
Need help understanding calculators
I am looking at a property in my area that is a rehab that we may want to either flip or take on as a rental. I have tried the bigger pockets calculators and I don't seem to understand how they work.Can anyone provide...
Wesston Faux
Understanding a balloon payment
Hi there,My question is regarding balloon payments. I saw a deal posted on realtor.com as follows:Fully rented brick 4-plex. Seller will finance with terms acceptable to seller. Minimum 20% DOWN, Accept SELLER'S EXIS...