Les Richardson
New investor chasing my first deal...advice appreciated !!
I`m looking at a 950 sq ft ,2/1 condo ...asking is 110000, ARV looks to be about 175000.It needs flooring ,paint ,and a light bath and kitchen update. The seller is willing to "sub to" the mortgage of about 50k. I`m ...
Scott McGill
Preemptive hot water heater change out.
So I currently have one rental house. The hot water heater was replaced about 10 yrs ago now.
Is this an item you all at Bp would think best to just change every 10 yrs or so VS getting the call at 2 am that ...
Cody Maxwell
SPEC homes line of credit
I currently am building spec homes in a rural area in Colorado and have been self funding the spec builds. I am looking into getting a SPEC line of credit for 1MM or 1.5MM. Each project cost is around the 400k market ...
Jacob G.
Buying a property that will inevitably rent at a loss
I am moving to Hawaii and considering purchasing a property for the time that I will be there (2-4 years/military). After doing research, and speaking with local realtors, it came to the conclusion that the property w...
Nathan A Waggoner
Starting out? Any pointers
Hi everyone I am new to all this. I am currently in the military and for the last couple of years I had the idea of real estate on my mind. I am currently moving and will be in Maryland per my job in Feb 2021. I am th...
Lenore C.
Sell or keep renting? How to decide?
Hi All,We own a 2 bd/2ba condo in a luxury high rise in downtown San Jose. We purchased it when we lived up there, and then have had it rented for about 5 years. We are living in San Diego now. San Jose has a ton o...
Daniel Fudge
Success leveraging equity in home for down payment?
Hi BiggerPockets Team,I am moving out of state soon to take a new job, and would like to transition my current residence to be a rental. Would also like to use the equity in my current residence as a down payment for ...
Mike Schorah
This can’t be right……. is it that easy to make money as a real estate agent?
I always saw what the Bureau of Labor Statistics said about real estate agents. For instance, the newest stat for real estate agents is that the median salary is $49k (https://www.bls.gov/ooh/sales/home.htm).
I spent...
Alicia Marks
QOTW: How are your 2022 goals so far?
Welcome back to our question of the week! For those that joined us at BPCON, we hope you learned a lot and found lots of value and inspiration. If you didn’t get to join us, make sure to get your tickets early for BPC...
Victoria Dennis
Looking for options need help from seasoned people
Hi,I love real estate but am just a beginner. August of 2015 purchased my first investment property... a forclosure that I currently use as homesharing with Airbnb and I love it and its going well. Here's my issue....