Antonio C.
Realty mogul, crowdfunding in real estate
Hi guys,
I just got to know this new concept of crowd funding for real estate. It looks like it might change the whole business. What do you think? https://www.realtymogul.com/
Thanks!
Sophie Mia
Agreeing to buying foreclosed house before inspection?
Hi everyone,
I'm in the process of buying a triplex (foreclosure). It looks like it's in very good condition and should be move-in ready. I will be using FHA Financing.
The problem is that the bank gave...
Dana Whicker
Bank Reporting Old FC’ed Mortgage As Active Delinquent!
Lesson Learned! Always check your credit regularly from ALL of the BIG 3 reporting agencies.Cliff notes are at the end of this post.Right at the peak of the housing bubble in 2006 my wife, a single public school teach...
Nate Huber
Repairs and Maintenance, CapEx, and Vacancy % Estimates 3BR/2BA
I'm trying to make sure my calculations are as accurate as possible. Currently, I'm running my numbers for my single-family 3BR/2BA as follows:
- 5% of rent for annual repair and maintenance - 5% of rent for CapEx- 6...
DaMare-A Smith
Flipping a home with unpermitted work
I've recently come across a couple of homes that have unpermitted work and are priced below market value and it seems it is pretty common in the area for homes to have unpermitted it. What are the concerns of buying a...
Amber Koontz
Analysis Question on Multi-Family
Hello BP CommunityI'm currently learning everything I can on apartment acquisitions and proper analysis. My question is, when running the numbers do you include the CapEx and or Reserves as part of the operating expen...
Jacek Nowakowski
Transactional funding underwriting
Hello,
I'm a private lender and I've been approached recently about providing transactional funding for a wholesale deal. I've never done one of these transactions before but have researched them online. I was wonder...
Stephen Dickey
Security Deposit
Hello,I am currently dealing with a situation in the state of SC where a previous landlord has contacted me and told me he was going to bill me due to the condition of the condo I was renting. He cited things such as ...
Charles W.
Estimating repairs before first offer
I've been searching for my first property to put under contract. It seems like there are two major hurtles to making sure you buy a property right. Accurately estimating ARV and repairs. As someone new to all this, I'...
Jim Basar
Property Taxes Spike
Hi All, First time posting to BiggerPockets. I own a single family primary residence and a rental property, both in Cleveland, OH. One in Tremont, the other in Ohio City. I've noticed that going into 2023 my propert...