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I've read through 10 pages of threads on conversions trying to answer my questions and haven't found the answer I'm looking for.
Here's the background.
Primary residence (from 2011) purchase price: $10k...
Hi fellas,I am new to BiggerPockets and would love to ask my first question. I am total newbie when it comes to real estate investment. I have a well paying FT job in the Bay area and also e-commerce business on the ...
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Do lenders typically use net or gross rental income when calculating DTI?
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I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
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When using a contractor to go in to estimate repairs on a property, how do you pay the contractor for their estimate? Is this an expense as a new investor you must be prepared to cover OOP until you’ve done a few deal...
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I've got another small mobile home park on my hands. 24 spaces.Seller has an asking price way too high. BUT he's willing to take $3K/mo payments "until $600K has been paid." This translates to owner f...
Hi Everyone,I'm new to this forum. I have few questions regarding the potential development of a multi-unit apartment building in Los Angeles.1. What's the approximate cost per sq ft to build 3-4 story building with...
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Not sure this is the right section but would appreciate your thoughts. For reasons immaterial to this question, another investor agreed to pay be $500 per month every month for 30 years. He will keep his word but, if ...
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Longtime lurker, first-time poster.
I'm an investor with two single family homes (a 2BR/1Ba and a 3BR/1Ba) in the small town I grew up in. I'm looking to buy a property in the city where I live now (about an hour awa...
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I have a tenant complain about a bees nest on the property . whos responsibility is it to tale care of that considering it wasn't there when we signed a lease ? thanks for any insight 👍