Alex Gordon
Help analyzing a spec home deal
My wife and I just acquired our first deal. A 3/1 built in the early 1900s that has fallen into disrepair over the past 20 years and in needs of a full gut. We acquired the deal mostly for the lot, it’s a B class neig...
Peter Morgan
Should I escrow or not during refinance ?
Hello,I am going through my primary home refinance, my new lender is pushing me to escrow property taxes and insurance even though I have an excellent loan to value. My preference is to pay myself directly for insuran...
Derek Petersen
How You Do Anything is How You Do Everything
Powerful Words
Martha Beck is credited with coining the quote “How you do anything, is how you do everything”. The saying "How you do anything, is how you do everything" encapsulates a profound truth about human beha...
Michael Garrett
How to approach the In-Laws
Is there a secret? I know it a bit of fear holding me back and I know the father and mother in law a very risk averse. I am excellent at coaching others but I just can't seem to get over this hump. They have a beau...
Josh Tschirgi
Quality Tenant That Refuses to Communicate
Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
Christian Smith
Seeking Guidance on Structuring a Purchase Proposal for 32 Properties
Hello BiggerPockets Community,
I am currently exploring an opportunity involving a family friend who owns 32 rental properties comprising duplexes, triplexes, and quadplexes. These properties are all fully occupied a...
Gabe Goudreau
How Is IRR/XIRR Affected By Refinancing & Selling?
Hey Everyone,
I've been building an Excel financial model that can quickly analyze potential value-add multifamily projects and I've run into an issue that I wasn't expecting - when calculating the returns, do you t...
Trey Crusey
Adding google streetview to a yellowletter?
Has anyone done this and had it be automated? What I'm thinking is when i use mail merge, if there's a cell in excel with the google street view picture i can use that to inbed it at the bottom of the letter. I know t...
Christopher Moloney
Tracking and Booking Costs BRRRR
BP Community,What do you all use for tracking and booking costs and expenses for BRRRRs and Flips? I am using excel, which is fine but once there are a lot of properties it gets a bit tedious (especially the way I hav...
Page Weil
How to approach a bank to get purchase and rehab financing?
There is a run down property near me in an excellent neighborhood. It was last sold in the 1980s and has holes in the roof and appears unmaintained.A typical home in that neighborhood costs around $650k. I assume it w...