I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...
I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
I am going to share my journey building my 16 bedroom assisted living property in Iowa. This will be my first time going into assisted living care. It took me a long time to get this deal done approximately 1.5 year...
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Hello Bigger Pockets Real Estate Aficionados... Got a nice juicy one for you here... Hoping someone with better knowledge/experience than me will be able to help out and advise...
SCENARIO
We just rece...
Hello everyone,
This forum has been invaluable to me. Thank you for sharing your knowledge.
I live in CA, and I'm looking at a duplex out of state. No way could I afford anything around here.
Anyway, the duplex ...
Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Hello All, been a member of BP for quite some time now, but rarely participate. However, need some folks to chime in on this one. Have a renter, attempted eviction last year (6 months arrears), court ordered tax che...
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question.. As investors from across the country, what do you consider to be a good cap rate? Bei...