I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
Hi guys. I'm looking at a legal non-conforming duplex in Vallejo to do a house hack and I'm trying to understand what it's status actually means. I've seen some information on it meaning that the duplex is legally gra...
I am in negotiations with owners of an 18 unit building built in the mid 1970s that they have fixed up a lot (new roof, new cabinets, new windows, new flooring). I have reviewed the rent roll and expense statement...
Hello. I am retired. My income is from 11 rentals I own free and clear - 2 in Lehigh Acres and 9 in Jacksonville. My property income shows as negative (-25,000) due to accummulated losses and my SS is not taxed so ...
Hi,This is my first post to Bigger Pockets. I am on the verge of purchasing a double lot with an abandoned house. The house is of no use, and will have to be demolished. Instead of rebuilding the house, we are plan...
The county requires a septic inspection every three years. I hired a company, which turns out to be a guy operating solo. He came back with 3K in repairs that will be needed...yet when I asked him if they need to be d...
A brief bit of background: The below checklist is intended to be used during the due diligence period for 2-4 unit properties. It is cobbled together from many sources and so may have some items which are "non-standar...
Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required inv...
Hello,I am living in kalamazoo, MI, and I am looking for my first potential investment property. I spotted a couple of houses that I think may be decent deals. I want to check with local property managers to verify ho...