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Hello everyone, General question: Who has the final say when choosing the winning bid on these FNMA homes? Is it the listing agent that is assigned to the property, a broker who directly works with the firm, or someon...
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I just got started wholesaling about month ago and I've been ok at comping properties but I don't know how to talk to people on the phone, can anyone give me some tips or tricks on how to get over that fear.
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Hi LA colleagues,I'm exploring a deal and need some advice...A seller has an 8-bedroom, 4-bathroom house near USC that he's renting to 8 students on 8 leases. The house is in very good condition; it's definitely not a...
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Hi,
I found a duplex property, but the only comps in the area are other single family homes. It looks like someone may have taken this home and turned it into a duplex in the area. Do I use the comps from homes wit...
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Hi! Looking for information on sub metering water for a 5 unit apartment complex. I have done this on 400 unit plus properties but never a community this small. Property is located in Burlington NC outside of Raleigh/...
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Hey guys! I’m new to the Real Estate world and looking to finally get my feet wet! I have a property that I’m interested in and was told it needs to be cash. Spoke to my brother about the situation and he said I neede...
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Hey everyone! Happy to finally be posting on BiggerPockets after listening to just about every episode of the podcasts. I am 25 and working in healthcare full time while saving up for my first small multifamily house ...
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Continuation from Part 1 of this series: https://www.biggerpockets.com/forums/44/topics/723267-apartment-financial-underwriting-part-1-of-a-2-part-seriesApartment Financial Underwriting - Part 2 of a 2 Part SeriesInve...
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I closed on a fourplex in early June and just received the water bill and it's $711.40 for the period of June 5th to July 20th. This threw my math off. How can I get this under control??? Is this expected? I have a du...
Here are the details:
4plex
Currently no tenants
Foreclosed
Asking $99,800
Offering $100,121.00
Potential Rent $400/unit
Closing Costs incl Downpayment $30,450.98
Loan Amount $75,090.75
APR 5....