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Can someone break down what the purchase price of a home is?A) If a house cost 325000 and I go get a loan from the back for that much, is that the purchase price? B) Is the purchase price the cost of the home after th...
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I'm getting into more of a niche for abandoned properties and distressed properties. I just found an abandoned property that caught on fire a year ago and has been abandoned ever since according to the neighbor. I'm n...
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Considering a duplex that is 53 years old, has not had plumbing or electric upgrade. Recent inspection provided by seller indicates minor issues with plumbing and makes note of older electric. Needs a new roof (that w...
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Hello,Over the past several months I have been working on a condo conversion deal in Point Loma, San Diego. I've been talking to condo conversion specialists and brokers to get a feel for the market. I commute between...
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Hello BiggerPockets community! My name is James Partsch Jr and I am happy to finally have made the move to join the community as a Pro member. I lurked for quite a while, but it was time to take the next move and join...
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Any thoughts on owning older homes or triplexes that are early 1900's? The goal would be to buy and rent out with the intention of having cash flowing properties once they are fully paid down. Is this not a good plan ...
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To estimate a rehab? I went out and looked at a couple properties today and it took me about 45min to an hour to estimate a house rehab. I felt really slow haha. My Realtor was great about it, but I personally want to...
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Here is the inspection report for a house I am currently in the inspection period for. Under contract for $70K with 3% concessions.This would be my first investment property and I would be managing it from out of stat...
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First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
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If you are navigating an MF purchase or refi of $1.5MM or more, please reach out with any questions. I have closed on $2.5BN of agency business. Maybe you'd like to know how agencies look at expenses or to know what t...