Hi BP fam! Looking to get some insight on rehab costs for a distressed property I came across in California. I'm really eager to get an offer in but want to make sure my numbers are right. Does anyone know what the re...
#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...
Hi everyone,
Just a quick question for you... FIrst of all, I am starting out as an investor. I have invested in the past and was a licensed RE agent for about 10 years. That was several years ago.
Since I had my li...
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Hey Bigger Pockets,
I understand communicating with incoming leads is tedious and time consuming. Not to mention that missed opportunities can result in lost business!
How are you typically staying on top of inbound...
Hi everyone,
I'm about halfway through the Rookie Bootcamp and trying to absorb as much information as possible. I've also read Ashley Kehr's new Real Estate Rookie book, and I'm reading Buy, Rehab, Rent, Refinance, ...
Is this a good property to hold? First time using rental property calculator on here just got the plus membership. So have some questions, Whats the difference between pro forma cap rate and purchase cap rate? My pro ...
Hi BP,I've been looking doing the BRRRR strategy on my first property in Kansas City, MO with a wholesaler and I am fairly interested in moving forward with it. Just a quick question, when you're not dealing with a bu...
I constantly see properties for sale (REO, etc.) that say "Occupied. Do not disturb tenant" No showings". Why are these "tenants" (some have leases, some don't) allowed to stay against a property owners will? Where h...
I purchased a home in Florida which would be my primary house. My closing is a few days after Jan first. The home is already homesteaded by the last owners. From what I understand I can't homestead the property until ...