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So this is a first for us, did a forum search but no luck. State of Iowa. The buyer wants to cancel the sale contract due to inspections and is demanding earnest money back. Do they need to provide proof in the for...
I’m an upcoming real estate investor. I’m starting with wholesaling. How exactly does a inspection contingency work in Ohio? Am I the inspector or do I have to pay an inspector to look through the property before I ca...
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Hi Guys, one of my tenants is moving out and I am looking to replace her with a section 8 tenant in Danbury, CT. After a lot of research I have decided that I want to focus on Section 8 tenants and would like to know ...
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I've noticed a fair amount of crossover in the various insurances.So my question (and the topic I'd like to open for discussion) is the pros and cons of each.Is there any crossover, are multiple insurances needed or a...
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Hi! Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...
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Good evening BiggerPockets family, My partner and I have spent the last month or so building a team out of state (Missouri). One part of our team we have not lined up yet is a general contractor. I was wondering if an...
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A lot of people put off getting into real estate because they don't have the money. I believe this is a huge mistake. Knowing how to find profitable deals (and analyze them) is a much more valuable skill than knowing ...
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Here’s the background:My parents inherited a property on Cape Cod when my Grandfather died. It is a great property for short term rental. The property is paid off and worth ~600k. The property is in a Life Estate Trus...
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Do you provide a microwave and/or dishwasher in your units? We will be gutting the current kitchen and we are trying to decide if we should add a microwave mount over the stove and a spot for a dishwasher. It's betwee...
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I am evaluating different turnkey providers and running my own pro-forma numbers. What I'm trying to get a handle on is what market value the property tax is based off - the pre-rehab value the provider paid or the po...