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new to investing in residential multi-family properties
First, is it essential to get a pre-approval letter from a bank(or other financial institution) before actually shopping for properties and making offers??? I have been told that I will be taken seriously if I have o...
Mary lou L.
Central Valley California Cabinet, Bathroom Recommendations
I'd like to get some leads on places to find cabinets countertops, and bathroom fixtures.We do have the big box stores, but I'm looking for other places to price compare.We are in the Modesto Merced area. Not ruling o...
Eric Chang
Appraisal valuations and increase property values
I've done some BRRR deals to add value to my properties with good success for properties in Southern Alberta.
I'm curious if there's any appraisers/flippers here can comment on:
1. Other than using comps, how are pr...
Mark Forest
Fix up costs
I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioni...
Wayne Igo
Cost vs Value for renovation or remodelling
We all know the typical investor model for flipping: buy at a discounted price, remodel/renovate and sell ASAP. Thousands of investors are making money, good money, every day using this model. Simple in concept, but...
Joe Edwards-Hoff
US Bank REO for me and my family
Hey all,
I've been reading and listening to books for so long on real estate investing and now that a possible house is here I feel like I've forgotten everything that I have learned...
My dad sent me to a link for ...
David Mayman
Rent Rates Decreasing - Los Angeles
Hi All,
I was driving around my neighborhood and I noticed a lot of for rent signs. I have a tenant who's lease is coming up in a triplex I own in the area, and they requested a $200 reduction in rent of of their c...
Brandon Turner
How Much Do You Improve Your Rentals?
I'm working on a blog post for the BiggerPockets Blog and I'm curious:
How nice do you make your rentals before putting a tenant in?
Specifically, I'm writing about turning a primary residence into a rental, but t...
Ben Layman
Cash out refi in growing neighborhood in Richmond VA
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $187,000
Cash invested: $16,000
This is a 3br/2bth attached row house I bought in 2014 for $187,000. Since then, th...
Rick Reed
Seeking advice on first rental with existing tenants
I'm trying to decide how best to approach an offer on my first rental purchase. The seller's agent states that the existing tenant would like to stay on a month to month basis, but has no application from them, the...