Imran Raz
Roots in Sewer line - Estimated cost over 10k
I've got a dreadful call early in the morning from my tenant saying bathroom is clogging up again. It has just been over a month when they had water overflow due to the clogged line. This time I told plumber to find t...
Account Closed
Turn-key bumpy start
Hello BPI’m off to a bumpy start with a turn-key company. I’m weighing my options and any input would be greatly appreciated.I purchased a new construction SFH in Atlanta suburbs (Covington). I live in San Francisco. ...
Richard Rodriguez
Equity skimming/stripping clarification?
Hello all,
I have just become aware of this and have watched a few videos and read some documentation about it but I'm a bit confused.
If a property is worth 300k and the owner has a 50k mortgage but is in default ...
Stephen Gregory
Can I buy a house that is pending a county tax auction foreclosure?
My wife and I have been looking for a new primary for a long time. We found a house that is going to be auctioned next week for a Williamson county tax foreclosure sale. This house is in Texas.
My question is this:
Is...
Dave Zarcone
Helping a family member fix/sell a house and preparing for taxes
Hello all,I just joined Bigger Pockets with an interest in expanding my knowledge and preparing for building a real estate portfolio. I have yet to do a deal but recently a family crisis has put me right into the midd...
Slater Pope
Refinancing for an inherited townhouse
So I’ve found myself in a bit of a unique situation. I recently inherited a fully paid off 2bd, 2bth townhouse estimated price is $140,000 in a decent location right outside of Albuquerque, NM renting for $800/month. ...
Ryan Wiles
Banking Options to avoid PMI
I am currently looking for a bank that will loan less than 25% down for multifamily units. We plan to buy a 4plex in the Atlanta area and live in it. The loan would be a First time home owners loan and I would like to...
Donald Latson
Being a Marketer
How creative can you really be when it comes to marketing?
RICARDO RUIZ
50% EXPENSE RULE
Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....
Morgan Biggerstaff
Grass cutting not in lease - what can I do?
Hi everyone! I rented out my first home in July of 2018 to a family in MD. I rented to this family (8 total) because my realtor, whom I have been very good friends with now for years now, told me that they were in a j...