Paul Nguyen
Should I buy a condo to rent out?
So I plan on getting into the rental business. I noticed the prices of condo units are much lower than the single family homes in the surrounding areas. I am thinking it would be much easier to rent out a condo versus...
Rick Howell
Loan Features To Avoid: Balloon Payments & Negative Amortization
Among all the paperwork involved with taking out a mortgage, it is very easy to let your mind wander and simply sign on the dotted line. But be careful, you should read through the details of the loan.You have to ask ...
Kristan Lage
Looking for advice on qualifying for a no income check mortgage
Hello bigger pockets people! Having been self employed for some time now, I’ve kept poor records of earnings, and hadn’t earned enough to even file taxes. Recently things have changed. I’m paid very well as a project ...
Agostino Pintus
4 Important Stats of the Housing Market
The four factors that impact real estate prices, availability, and investment potential are:
Demographics
Interest Rates
Government Policies & Subsidies
The Economy
First: Demographics
D...
Bill Schrimpf
50% Rule and Condo HOA
50% Rule and Condo HOA
The 50% rule looks like it’s a rule of thumb for properties where the owner would be responsible for a long list of capital and operating expenses items such as roofs, HVAC, landscaping...
Jay Johnson
Unsuitable Soil For Septic
I have a seller that wants to sell, but the lot they had evaluated, in 2007, (it's 2 lots side by side), the health dept said the soil is unsuitable for a septic system. They, also, said alternative systems and any ot...
Luis Garcia
Early lease termination
Hi Everybody, Only 5 months into my lease (1 year agreement) I need to move out of my apartment because there are numerous problems in the building. 1) Poor management (no repairs), 2) lack of hygiene on the common ar...
J.P. Ventura
Should I Elect to be an Independent Contractor or an Employee?
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area have any advice as to which I should choose. I am going to a direct lendi...
Fred Conway
Condo HOA questions to ask
Hey all, long story short, i'm looking to buy my first condo, HOA is $300 a month, the #s make sense but as I've heard, HOA's can make any deal go bad with rules and requests. What questions I should be asking for buy...
Anne T.
Interesting first evaluation
My business partner and I have been pulling listings, visiting properties, and working our way through the Deal Calculators to try to gain understanding of how to properly evaluate MFH deals. One particular property s...