Hello BiggerPockets community,
I’m grappling with a significant real estate decision and would appreciate your insights. Here’s the situation:
We own a detached home with 2 units, consisting of a legal 2-bedroom bas...
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Hello,I was offered 100% finance 96.5% first loan and 3.5% second loan mortgage for a multifamily the 2nd mortgage for that 3.5% MUST be paid back, but just like the first mortgage, it doesn’t have a PPP and itcould ...
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Hello everyone. First post here and I need some help. I've got a townhome that my wife and I have lived in for 6 years. We're looking to move up and might like to keep it as a rental. We love it. Originally bought for...
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Hi everyone,For long term, is the norm to calculate PM's fees from gross or net income? For short term, I'm paying PM fees from net income after deducting maintenance/repair costs. Is this correct, or should utilities...
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My father owns a SFH free and clear . Its worth around $200k . Between the annual property tax and maintenance/upkeep it’s getting to much for him . He wants to down size to a condo with hoa for lower maintenance and ...
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Hi everybody, I am not sure if I am getting cold feet or jumping the gun for my first deal. But I have a deal that I am working on as my first rental property. Here is a little bit about the property itself. First ...
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I'm looking into owner occupied duplex purchase. Right now, list prices are between 350 - 400,000. Rents are about 1350 - 1500 for 2 bed 1 bath units. I'm currently looking at a 350,000, would put 20% down. With both ...
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Hello All!
I have a live-in maintenance man, and I'm interested in making him the onsite property manager for an 8-12 unit complex. Curious what his compensation should be for the additional workload.
Should I ...
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Hello. Here are some short specs on a possible property I am considering. Please let me know what you think.8-plex in a low-income neighborhood, no issues keeping it rented.New elec. and plumbing + some other upgrade...
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Hey BP,I'm wondering. How do you guys manage your finances. Looking to see if someone has an organized system I can copy. Obviously, you don't ever wanna be dipping into your reserves or savings for maintenance. How d...