Max Shaw
Listing property for rent before you actually close???
I am currently in the process of purchasing a buy and hold rental. I'm slated to close the middle of February. The house is pretty much turnkey outside of carpet cleaning and some fresh paint. My question is, how so d...
Ethan Anderson
New Member in Denver, well actually Castle Rock..
Hi, my name is Ethan Anderson. I currently work in outside sales in the Colorado market. My wife and I currently have 1 mortgage free rental property in Colorado Springs. This was an accidental landlord situation, tho...
Anthony King
Actual NOI extremely low, not supporting asking price
I see a lot of multifamily listings that have the price set steictly on proforma numbers. I always hear to set your offer price based on actual rent rolls, T-12, current NOI. Cap Rate, etc. However, I come across a lo...
Cameron Moore
Is Your Roof ACTUALLY Covered On Your Insurance?
Obviously everyone knows that the roof is included in most policies with the exception of Wind/hail Exclusions but are you aware of your deductible? ACV or RC? A new roof can cost anywhere from $9000-$30000 depending ...
Ladan Ballai
Previous Owner didn't include actual lease, only Estoppel...
Title doesn't do much justice, sorry!tl;dr The previous owners were terrible landlord's and lost the lease. During the sale of the house, they "made up" a lease and Estoppel that forgot to mention that they collected ...
Ming Zhao
Indianapolis - can lower CAP rate actually be better?
Hi,I'm new to BiggerPocket and glad to find this community. Me and my husband purchased several rentals in San Diego but new to out-of-state investing. We are currently looking for out-of-state properties to get bet...
Senthil N.
Insurance: Replacement cost value vs Actual cash value
My home insurance will only offer Actual cash value and not Replacement cost value. I can perhaps shop around. Before I go down that path, wanted to get a feel for what other investors have on their coverage. My ques...
Account Closed
23 California Cities where prices are actually dropping
23 Housing Markets Where Prices Have Fallen
So, which California cities are experiencing a drop in home prices?
We’ve mentioned a few of them above. But that’s just the tip of the
iceberg.
The list below is base...
Sara Holmes
Hubzu changed bid terms in the actual contract
I won a Hubzu auction that stated that conventional financing, rehab loan, or cash was acceptable, so I made my bid contingent on Conventional Financing at 20% down. They sent an email saying I was the selected bidder...
Janea Boyles
A condo that is actually cash flow positive
Investment Info:
Other buy & hold investment.
Purchase price: $47,000
Cash invested: $47,000
I own a one bedroom condominium in a complex that was built in 1975. It’s an interesting entity with a...