Could be a silly question. I'm doing a BRRR in Birmingham AL. Working with a local bank on the refinance. I was quoted a 4.35% interest rate. The bank is saying that it is a higher rate due to me being an investor. Is...
Hey BP,I'm posting this simply to start a discussion about what should be expected when doing a rehab/renovation regarding inspections. I know different cities and different states have different "standard practices" ...
Hello,I am ready to rent out my first SFR in Pasadena, CA., and will be managing the property myself. Regarding who pays for which utilities, is there a standard approach or model in Pasadena. The yard is new and n...
I have three questions in filling out a out an LOI- How long is a standard due diligence process ? - How much of a deposit should I give ? - How much are closing costs ? My property financials will be 3.7 million ...
Hello!Hope everyone is enjoying the holiday season or the end of 2020 or both! To continue where I left off last time, after fleeing our personal home in Los Angeles and relocating to Arizona, we decided to rent out o...
We have a commercial office building and our real estate agent plans on using the standard lease form to compose the lease. However he says we should have a lawyer to review it and add any addendums if necessary. My q...
I've been considering switching insurance carriers, because my rates with State Farm keep creeping slowly upward. I contracted a friend who runs a local Farmer's Insurance Agency for some quotes. After running my in...
Hi Everyone,I have an interesting question regarding a potential tenant. A guy came around the property over the weekend and seemed like a good, upstanding dude. He was open about having a dog, only smoking outside, e...
What would be the most cost effective and efficient heating to install in a fourplex? (Two floors, slab foundation)Electric and gas are available. Electric is ~$0.12-14 per kWh Gas is ~$9 perMCFLocation: Western PA
Hello BiggerPockets community,
I've been exploring the idea of investing in a Section 8 rental property in one of the Tier A-1 Full Coverage zip codes listed on the payment standards for my city. Most discussions on ...