Danny McGreevy
FHA Loan or 20% down on fourplex, first property
I am buying my first property, which is a fourplex. It will be owner-occupied and I will be living in one unit. I can afford to put 20% down and get a conventional loan, but should I really be considering an FHA Loa...
Duke Giordano
Bad Debt, Concessions, Vacancy... The new syndication world.
Hello All,Can someone help me understand a particular term, Bad debt. In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms. If this value (Bad Debt) does ch...
John Horner
Would you keep these tenants or raise the rent?
So last year I switched property managers on a property in a location that I am not that familiar with anymore. The current tenants pay $850, but the property manager thinks it would rent for $1050 when we get new re...
Matt H
Are Old Buildings Okay?
Hello, I'm looking at some older buildings. They appear to be built early 1900's. Like I think 1930 or so. If you were to buy and you got an building inspection that would turn up any major problems right? So as long ...
Brian Green
Massive Value Add - 20 Unit Apartment Building - Completed.
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Update Oct '20: Construction is now complete and 15 of the 20 units have been leased thus far. ...
Brian Green
Massive Value Add - 20 Unit Apartment Building - Completed.
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Update Oct '20: Construction is now complete and 15 of the 20 units have been leased thus far. ...
Shafi Noss
Tax Topics: What is Passive Income?
Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
Adrian Lemus
I need help understanding my new Lender
Hi Biggerpockets, I need some clarification on what the lending company is going to really charge or better yet on how to do the Proper Math!
On the contract it says the following:
The applicable annual rate will b...
Mary Derman
Why is now a good time to invest in real estate
From amazing returns in the early nineties to a plummeting crash that sent repercussion’s world-wide into every sector, the real estate market has had its highs and certainly its low. When investing in real estate as ...
Jeff O'Neal
Broker Pro-Forma vs Income Statements
I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...