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Dear BP community,I have a question here, once I get pre-approved for a conventional mortgage, will they check my employment status right before the closing ? And if they will, what are the possible ways they could do...
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I have a tenant who's overdue on rent. To date they only owe April rent, but this has been an ongoing problem since the fall, when I purchased this property. Their previous overdue rent was covered by RAFT (they've ac...
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A few years ago I bought 100+ acres just outside of Montpelier, VT (5 minutes from downtown). At the time, I had no kids and had just sold a couple of my first self-done flips in the southwest, and was really ambitiou...
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I currently own 4 rental properties in the North East part of Oklahoma. A few years back my Grandfather helped me get started with real estate and helped me purchase the first three properties. Since then I have acqui...
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In the world of real estate, I faced many problems that put my strength and drive to the test. One of the first things I had to do was figure out what underwriting meant. You had to know a lot about finances and be ab...
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When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
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I'm close to purchasing my first investment property. I'm torn between three enticing listings. Listing A is in a Grade C-D neighborhood priced at 124k with rental comps around 1250-1350. The neighborhood is close to ...
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Hello all,I'm so excited this is actually my first discussion on BP. I need help pricing out a rented 21 Unit condo in Bayonne, NJ. The building has 21 units 1 bedroom and 2 bedroom, gross income is 190k. The building...
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HI Everyone,
My name is Phil and I am new to BiggerPockets. I have invested in two properties so far on my own. Both were 2 and 2, 1010sqft. Condo's. The first I purchased for 75K then appraised at 8...
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Hi folks, I'm new but I've been striking out to learn every thing I can; I hope this is the right place to post. I've got a decent bit of cash saved up, a few private investors, and a very strong monthly income propor...