I notice that transactional lenders seem to charge about $3,000 to provide very short-term funding to do a double close. Since transactional lenders typically require an end buyer to be in place, it seems to me that ...
Hello BPSo we have successfully closed on the project and distributed our welcome/intro letter as the new Owner/Management. We have two tenants who are up for renewal and would like your opinion on how to proceed wit...
Hi, I'm going to use BRRRR strategy. Should I walk through a property with an inspector or a general contractor, or both? My purpose of this step is determining all the damages and cost of rehab. What is the average c...
I co-own a rental property with my Brother (purchased last year). He paid 100% of the expenses for the property this year, and also received 100% of the rental income. (This includes mortgage interest).Do I have to re...
Hello everyone,
Ok so Im looking to buy and hold my first fourplex and Ive been studying/reading a fair bit on this forum.
I just wanted to summarize a bit where I was in terms of education, and see if anyone can su...
Hello everybody, Like the title states, they were good tenants that gave me more than a 30 day written notice. I was able to rent out their old unit without have a vacancy period. Now, would you guys return their depo...
The apartment below mine reported a ceiling leak. I’ve thoroughly checked my unit, and there is no sign of a leak coming from my apartment. At the time of the leak, my tenant was showering, but everything around the b...
Hello, bigger pockets community. I am starting out my real estate investing career, and I have a great plan.( or at least that's what I think). So the numbers below are raw, and they do not represent the exact values ...
So I bought a triplex recently, fully rented. I stopped today to check on the property and coordinate a utility inspection with one of the tenants. Looked in the window, unit is empty. Electric has been turned off. Te...
hey bigger pocket community how is life? OK so my question today, I will be moving to co springs soon I just got out of the navy and am going to college while bunking it with my family. I should be able to get my firs...