Alex Silang
Buying a house with mold in the bathroom
I've spent an hour doing internet research. Apparently mold health issues are exaggerated and removal services are oversold and often a ripoff. But I still do not know what to do. I am inspecting a possible purchase. ...
Shane Evans
Pay large sum to mortgage/student loan or add 3rd unit and rent?
Hi everyone,I've been following along on this forum for quite some time and this is my first post. Thank you for your time. I bought a 2 family home in November of 2015 and live in one unit. (First time home buyer) af...
Eric Pink
Patience in finding the right property
Rookie here. I am about a month or two away from shopping for mortgages and I check the typical MLS sites and a few other local real estate sites daily looking for deals. My wife and I want to purchase a multi-family ...
Seth Wilcock
Double Deposit As Compensating Factor?
Hi Everyone, First time (soon-to-be) landlord here. On many of the rental applications I have seen (including the bigger pockets application) I've seen verbiage that states "Compensating Factors can include additional...
Treivor Cashion
Investing Criteria. What do you look for and why?
Hello Fellow BPers,I just recently graduated college and started to gather a passion for REI. Right now, I'm educating myself on the subject through books, podcasts, this forum and other avenues of learning. I've gott...
Adam Teebe
Help regarding Miami zoning rules
Hello all,I'm looking at purchasing property (Duplex) which is on a 4,000 sq foot lot and zoned T6-8According to Miami21 the minimum lot size for any sort of zoning always requires lot size being 5000 sq foot minimu...
Tosin O.
$200,000 assignment fee (Possible?)
I'm in the process of negotiating a contract for a $12,000,000 apartment building and I want to assign it for a $200,000 fee because the margins are high and the building is cashflowing $80,000 a month. My end buyer i...
Todd Lawrence
Is Zillow a good place to get quick Comps?
I am very new to all of this, and I was wondering, short of bugging a real estate agent (whom I just met) every 10-15 min about a property that I found online, is Zillow a good place to get a quick and easy (not to...
Nasir Smith
Cap Ex Rules?
Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
Scott F.
Real Estate goals - do you have any?
Real Estate goalsDo you have very specific Real Estate goals or just random numbers and data? Do you say I want to purchase a bunch of properties by the time I’m _____ years old?OR:Do you say I am going to buy a 6 un...