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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
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I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
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I viewed a property for 87K which is a homepath property and has been on the market for over 2 months. I called the listing agent to say I wanted to make an offer of 80K. He said if I could close by end of July he tho...
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The quote in the title is from The Associated Press in 2016. Apparently, the government will release redacted DJT taxes soon. I don't know much at this point other than what NY Times wrote about in this article THE PR...
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Hey Bigger Pockets! Once again, I am starting one of my posts out by making the disclaimer that I truly would like to post more, and share all our successes and failures so that everyone can learn from them. It take...
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I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
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There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? ...
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Hey Everyone!
One of the obstacles I've been working to overcome is learning to speak the same investment language as both the people I buy from and sell to. Below, is my opinion of neighborhood breakdowns on how I ...
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Hello all,I need your advice regarding an emergency. I have a triplex in San Francisco, where the third floor tenants are protected and paying below-market price rent. They have been there for two decades, and I inher...
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I’m sure this is specific to my area, but we just got inspections done for a property we’re about to close on. The house was converted from single family to a duplex. They stripped it down to the studs and rebuilt it,...