Account Closed
Developing $$$ land inside city.
So here is the scoop: there is a little piece of property that I know of. About 20 years ago, it was just a little lonely farm house sitting on 9.9 acres about 15 minutes outside town. Since then, the town has grown, ...
Dwaine Wright
Can an HOA claim "no responsibility" for actions of its contractors
I live in Southern California.
Is an HOA responsible for damages caused by it's contractors? If a painting or Landscaping company causes damage to a homeowner's property, can an HOA claim no responsibility o...
Mark Halecki
New User Introduction!
Hi everyone!My name is Mark Halecki and I got interested in REI probably around the beginning of 2017 when I read the book Rich Dad Poor Dad by Robert Kiyosaki, a book I'm sure many of you are familiar with. Since the...
Justin Famulari
Can Claritin D = BRRRR?
It all started with the common cold.It was 8:45pm last night and I had just put my 2-year old daughter down, it was time to try and beat this sickness and get some serious rest. I fumbled around the medicine cabinet f...
Kevin J.
Question about calculating operating expenses on condos
I am interested in how operating expenses are calculated on condos with fairly high HOA fees. For people who use the 2% criteria as in Mike Rossi's book, "1 Minute to Rental Property Riches" I know operating expenses ...
Jason Ridout
How many lives has Biggerpockets changed for the better?
Hello Biggerpockets. Not sure if I am posting this in the right forum, but there was no category for a thank you post. Maybe there should be, I think it might be very popular.I want that thank Biggerpockets for changi...
Kyle Williams-johnson
Deal at 48% Market Value
I have a deal at 48% of market value in Newnan, Ga. I'm asking for $36,000 and its worth $75,000 the numbers speak for themselves, yet I don't have a buyer interested in the property. Someone please help why hasn't it...
Eric Boakye
How do you define cash flow? Rent less PIMI or Rent less PIMI &?
How do you define cash flow? Rent less PIMI, OR, Rent less PIMI and what else. Trying to make sure I do future deals right. Any views will be appreciated.
Randall Martinez
When should you evict a tenant for late payments ?
Hello All,I've been following BP for several months but generally don't post within the forums.I have a tenant who recently fell into tough times, and has been unable to pay rent , in full, for about 2 months now. Our...
Samuel DeMass
Buy and Hold-Foundation hurdle?-HUD Home
I'm looking at HUD home tomorrow, pre-bid.In what I assume was an attempt to filter me as a serious buyer the realtor informed me that he has seen cracks in the drywall, bricks, and tile work in the house. I am makin...