Rob L.
What to do with a Condo Rental that is now Non-warrantable
So my first real estate investment (which was also my worst) was a condo I bought to live in a 37 unit complex. The entire complex was renovated in 2007 and long story short the developer ended up going belly up. So a...
Account Closed
Need Help - Best and Final Request
The Data -
HUD Property
ARV 105K
Repairs needed = 16K
Asking Price = $72K (reduced from $79K)
First offer was all cash, $51000.
...
Adam Peacock
Can someone help me analyze this deal?
View report*This link comes directly from our calculators, based on information input by the member who posted.Greetings BP community,This would be a long-distance investment which I haven't done befo...
Michael Upshur
Broker questions...Which ones to answer?
I am a newbie to multi family purchasing but have some experience in Brownstone conversions to SROs.Wanted to know what questions form brokers should or should I not be answering?Ex:Can you tell me a little bit about ...
Sean Byrd
Transitional Housing or Any Innovative Strategy
Hello Fellow BP Family,
I have arranged an amazing seller financing deal, for a property with 24 rooms prior medical facility. I'm interested in any ideas and know how about transitional housing. I'm currently l...
Josh Jacobsen
Homework Help
I'm looking for clarification on a question from the Washington State Real Estate Course, if anybody is willing to weigh in. I think this is a bad question because of the shift from designated broker to client from qu...
Dan Brewer
What is the #1 performing commercial real estate sector for the last 1, 3, 5 and 10 years?
Many investors are in apartments, office, warehousing etc. All good sectors. But very few investors are in the #1 performing sector over the last 1, 3, 5 and 10 year periods, according to the National Council of Real...
Alan Walker
Market of the Moment - 12/11/20
Market of the Moment: Inventory is playing a game of limbo, how low can you go? We closed more homes this week by 12, once of the reasons all the pendings went down. Due to inventory, buyers are not complacent based o...
Chris Mason
Using the 50% rule backwards to evaluate viability of a market
50% rule: rent * 50% - P&II'm over here playing with my financial calculator, and found something interesting.Rent * 50% = what you want your P&I payment to be equal to or less than.You can use that and a fina...
Kevin Roth
Crushed my goal! All BP Podcasts in 15 months.
Just about a week ago I had the pleasure of listening to the very first Biggerpockets Podcast. It was informative, clumsy and a touch awkward in light of how smooth they are nowadays. It was momentous for me, as fif...