I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
Hi Everyone, I have a background as a loan officer but I only worked with clients who were refinancing their owner-occupied residence or purchasing a primary residence. Oddly enough it wasn't until I changed careers t...
Economic Update(Monday, February 8, 2021)
Have you ever wondered who originally handed out area codes? For example, why did Vermont get 802 and Southern California 213? Listen closely because the a...
What's up BP!So a backstory that will tie into this post. Our overarching REI goal is to acquire 7-10 properties in total and pay them all off in 10-15 years using the rental debt snowball method (with plentiful contr...
I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
Hey everyone!First, thank you so much for all the support after my recent Podcast episode and the recent BiggerPockets release of the 2nd Editions of The Book on Flipping Houses and The Book on Estimating Rehab Costs....
The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
I have a fourplex in Houston, TX and I live in SoCal. I have been going back and forth in legal matters trying to renegotiate our lease rates with my tenants. They are using it as an Airbnb Arbitrage, which is viola...
Under contract on our first potential property and just got the inspection report back. I feel totally overwhelmed by the list of 100+ things. Which of these would you expect seller repair credits on? Which of the pro...