David Cole
What Could Go Wrong?
I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...
Amit M.
Questions from a first time landlord
I will be renting out for the very first time this summer. I had a few questions on how to go about it:1. How to determine what's a fair rent to charge? I use listings in Zillow as a reference, but, they are inconsist...
Westin Hudnall
Step by step process needed for purchasing pre foreclosure and banked owned properties prior to hitting MLS once you have a list of addresses ; owner names ; and lenders :
Cash buyer with all the above info :What do I do now ?Thanks in advance :)
David Lamb
What am I responsible to compensate tenants who just moved in?
Hello- I am new to landlording. I have tenants who just moved into my condo and are requesting compensation for: (1) repainting (I had to repaint a wall in a different color than they originally saw when I took down...
Keith Smith
Best locks for landlords to use
I would like to hear what other landlords use for locks. I was recently told about a lock that can be used on multiple properties but the landlord/owner can get in all with just one key. Anybody out there using any sp...
Thad Morton
Property Management: PM software, maintenance & showings
Hello all, I'm new to Bigger Pockets and a residential property manager in the DFW area. Our company is currently a 2 man operation and we manage about 130 doors and growing. I'm new to the business but my partner h...
Robert MacKinnon
Short Sale Double Closing
There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...
Kel S
Washer & Dryer or not?
Those of you with rental houses, do you put in a W/D? Or do you just list them as washer and dryer hookups? I remember way back when I rented I didn't have my own washer or dryer. Do tenants these days bring their own...
Kenneth LaVoie
Too much equity being a lure for a lawsuit
I often hear that it's important to keep your properties heavily mortgaged to keep the equity down, so that you don't look "juicy" for a lawsuit. (assuming there's a reason for being sued in the first place) I cannot...
M A.
How to find the ARV of a multi-family
Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...