Jaime Kosofsky
LEARNED SOMETHING TODAY
I have been researching RESPA for about a month. I got into a discussion on Activerain about REO closings and I mentioned that the Seller can control the place of closing... I got a very persuasive response that it wa...
Drayden Morgan
How do you make money from a subject 2 deal?
Can someone help me understand how do you make money from a subject to deal if the mortgage is already the same amount as the areas rental rates?
Nathan Gesner
AirBnB mandates new COVID safety measures
What do you think if the new requirements instituted by AirBnB? I thought AirBnB was a marketing platform, but they apparently see themselves as much more, with the ability to dictate how I manage my own property. I'l...
Zach Adams
What is your savings rate?
Happy holidays BP Nation! What a great year this has been for me and my investing! I bought another SFH rental in May and bought a live-in Duplex in November. I wouldn't be where I'm at without the inspiration I've f...
Vincent R.
Can a 3.8% Cap rate (before financing) work?
How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
Farhan Khan
Any predictions on the Chicago Market in the upcoming 2019?
What do guys think about the Chicago market?? Is it still gonna be on the rise or is there a chance of it crashing?? From the information I’ve collected it seems that it’s on the rise since the foreclosures sales are ...
Andre Kratt
Beginning the path to financial freedom!
Hello my fellow BP members! I have been a member on BP for sometime now but have never taken the time to make an introduction post. Mainly because I am always busy taking in all the priceless information provided on h...
Stephanie Donahue
New Property_Fully Rented_No Leases_Next Steps?
Hello!We are looking at purchasing a rental, 6 unit, all fully rented. The problem is we have always bought vacant properties and picked our tenants; so this is a new process for us. Each unit is significantly under...
Eric Nguyen
How do I have an idea of my money is not being "wasted" by HOA
Hello everyone,
Recently, my HOA just sent out letters to all owners in the building and said the the HOA fees will go up by 10% starting next month. I saw that they justified the increase by xwz reasons (I'm sure th...
Adam Oldham
Kukun Estimating Software Accurate?
Has anyone used the Kukun estimating software that Biggerpockets provides? If so, have you found the numbers to be accurate for your area?