This is Alabama - buyer beware state.It looks like the investment property we purchased is in the "mandatory insurance" flood plain - 1% annual risk. FWIW, cash deal. When I worked with my realtor to write in conting...
I have the opportunity to purchase a home zoned as a duplex, but currently is laid out as a single family home. There are separate entrances, and it would be incredibly easy to reformat the floor plan to make this hom...
Closed on a house from HUD on Monday. Learned today that when Bank of America foreclosed on the property they did not include the second parcel number in their paperwork. This trickles down to us only owning one of th...
Hello BP Members,I'm hoping to receive some advise about a situation I'm currently in 1 month after closing on my first investment property.I purchased a 4-plex in the DFW, TX area late August this year that is locate...
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Hi fellow BP members. I'm helping Bigger Pockets work on a project about using real estate investing to retire early (aka achieve financial independence).Would you mind taking a brief survey (mostly multiple choice &a...
For new construction single family (where original house needs to be torn down) how fast can I expect Architect to have over sealed plans for building Dept submission?
What has been your experience?
I’m looking to build on my grandparents current land. We already have a house on the land and I want to tear it down and build my own. I have my own detailed plans and blueprints I’ve made myself and want to take them...
Hey BP people, we just closed out our newest project and wanted to share some details with you. This was a very unique situation that turned out awesome for everyone involved. We purchased a duplex for $420,000 (both ...
Hello all, question for those of you who are buying multifamily properties!
What are some of the biggest fees you incur during the due diligence period?
Besides attorney fees, appraisal. I am just trying to unders...