Rishi Ramlogan
Logistics and Best Practices for the Actual Rental Process
Hello all:Great information and I appreciate the opportunity to learn from your experiences.I am just finishing the renovation on my first property and have a couple of questions:1) Could you describe your logistics ...
Joe Edwards-Hoff
How does it work when the seller financines a portion?
If I were to set up a deal where the seller was going to write a note for 60% of the property and I would need to get financing on the other 40%, how would that go? Does the bank ask me to put a percentage down on the...
Simcha Davidman
Property Management on Midsize Multi-family Complexes
Hello all (and thanks in advance!),I'm looking for midsize apartment complexes (10-50) units, and I'm having some difficulty budgeting for property management expense. Here is my understanding:On sfr and small multi-f...
Stephen E.
Leasing Ups and Downs
So I have been trying to lease two properties. Great success on one, just leased to a long term tenant for $100 extra each month over the last tenant's rent. The other property is not going so well. I have had ma...
Ernesto Hernandez
HELOC Application denied. Why?
Hey everyone, I own a primary near where I rent, and have about $250 in equity. Of that, I applied for $125K.I have 3 rentals that I own free and clear in Indianapolis. I begun the mortgage process for the Refi portio...
Priyanka K.
Sign Lease Without Meeting Prospective Tenants?
I have two applicants for a SFR. Ironically booth are from Seattle and claim they are moving to Dallas for new jobs. They don't have the offer letters but have provided contacts to verify the new job offer. Their back...
Adrian Reyes
My first property and I think it's a BUST!!!
Hey everyone,So I am in desperate need of some help, just purchased my first property at auction and I think I went way in over my head. Here are the numbers: I purchased the property for 98k as is, It is a nice two s...
Gus Muller
Letter direct to sellers: Am I doing this right?
Hi everyone! I am licensed broker, licensed contractor, and fix+flipper with 10 properties bought and sold for profit, with #11 closing March 15th. I am new to bigger pockets! I am starting a wholesale business and am...
Colleen F.
What do you do when you get an overwhelming response?
Normally, I get about 40-60 people over a couple of days when I market this house. We joke that everyone in the area that is looking for a place calls when the house goes up for rent because it is year round and che...
Bill Mitchell
Getting More Offers Accepted With Sellers: A Trick Im Sharing with You
We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...