Todd Gustafson
Wholesale Deal
Looking at 3 potential buys tomorrow but passed by one this evening, briefly. I plan to wholesale this deal if the numbers are right.
Comps - 120k - 133k
As...
John Kennedy
Should I refund a portion of the rent?
Due to a drain pipe leak buried in the floor of a second floor bathroom (the only bathroom in this property), the tenant was unable to use the bathtub/shower for about a week. She's asking for a rent credit...and I a...
Vicktor Abrams
New Bigger Pockets Community Member
Hey I’m a new/novice investor located in the Minneapolis/Twin Cities metro area. Looking to buy my first rental property in my area this year. Excited to be a part of this community and learning from the large knowled...
Adrian Jinks
First Multi-Family Purchase Need Help
Hi Everyone,
I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 ...
Jeffrey R. White
What % Do you Use for Repairs, Vacancy, Cap Ex, Mgnt Fees?
I am new to BP and signed up for BP Pro Subscription and am diving right in on property analysis. My goal is a property by the end of October.IN regards to the Rental Property Calculator I am wondering what are the t...
Arthur Garcia
BP's thoughts- Fed says to Expand Fannie and Freddie
BP,
I am posting here to get your thoughts on this article:
http://www.reuters.com/article/2012/01/05/us-usa-fed-housing-idUSTRE8031SE20120105
In short, do you think a change in lending standards will be good for u...
Christopher Roper
Rent by Room Utilities
I'm about to close on my first investment property (a rent-by-room house hack in San Antonio) and I couldn't be more excited!
Rent-by-room landlords, how do y'all handle utilities? Flat fee? Build it into rent? Or ch...
Jeff S.
Very underwater
Almost related to a young couple that own a condo as a rental that is 60k underwater.
The wife bought it when single as a primary residence at market peak with basically no down. The lender says no adjustment because...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
Dave W.
Predetory Loans
We're in a "pick-a-payment" adjustable loan, & we suspect it may be a predatory loan. We recently saw a gentleman interviewed on the news talking about predatory loans, & said that 100% of the loans they've ev...