Elizabeth F.
LTV and NOI. How do I find out Property Vallue of Mobile Home?
I am looking at a MH in ohio. I am from NYC. Currently 18 units rented, 11 empty, owner offering seller finance 5-6 % with balloon in 5 years.
Not sure how to determine LTV or NOi, cap rate 11 percent.
How do I a...
Miguel Luna
Should I Be Going to College?
Hello BP! I ask this question because at the moment, it seems like I'm just going to college to please family and friends. Plain and simple. I'm enrolled in my second year of college and I was originally going for com...
Louis A.
Advice Needed: Rental Applicant with Credit Issues
Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...
Sara Emmanuelle Dube
Morning Side 2 Duplex Owner with Tenants - Update 5 Months into purchase
Hello! This could help newcomers and I am one also, 5 months in. newbie. BP has been great for me :)An update here on the Morning Side duplexes we bought in Detroit. Bought Feb 21. Signed with PM March 21st. 3 out of ...
Greg Scott
Is seeking a "high appreciation" market a good strategy?
I regularly hear people on BP discuss cashflow vs appreciation and which markets deliver on those. There have seen heated debates in this forum, particularly when the "must have cashflow" people are arguing with thos...
Jesse Kropf
Tax Deed auction in PA
Hi, we have a tax deed auction coming up in PA, with over 1500 properties on it. I've been doing a lot of research and still have some questions for those who have done this before.
1) If a property has a long drivew...
Alla Dvorkin
Landlords insurance! Can anyone recommend a reliable company?
Can someone provide any information on Landlord Insurance in Florida ? Thank you !
Amy Jo Holweger
To sell or not sell a "mistake"
My fiance and I bought a condo about a year ago because we wanted to stop renting. The only thing we could afford in our area, Everett, WA, was a condo in a less desirable area of town. It's large, almost 1400 sf for ...
Jacob Laman
To keep my California property or sell
Hello all,Looking for some advise here. I currently own a home in San Diego under a va loan. I would like to possibly turn this property into a rental when I leave. I’d like to then buy a property in va using a conv...
Drew Heilig
How to read Sheriff's Foreclosure Sales...
Hi all,
I recently discovered biggerpockets.com and have been tearing through the web site reading anything and everything--what an amazing resource. I'm not an investor at this point, but I've been thinking of takin...