Flood insurance is a major issue given the weather conditions the eastern seaboard has seen in the last few years. Many expect it will continue to be an issue with climate change. I am sure many of you are seeing rate...
Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...
Greetings BP Fam,Just posting here to say thank you to BP and all of the members that have helped me along the way. From podcasts to the forums to blogs/vlogs to private messages from members. The community is great. ...
Hello everyone. I have been listening to the podcasts for a year and a half and have been waiting for the right time to start my account on Bigger Pockets. While I was simply learning I knew if I started an account ...
I will be putting a bid on an REO 6 plex in about a week, and I'm trying to figure out how much to offer with a lot of missing info.
Rehab
The units appear to be in excellent condition for an REO. One unit needs all ...
Would you open our envelope (picture in comments) and read our letter? How can we make it stronger? What type of follow up would you send? How soon after the original letters?We've read a lot about "yellow letters" an...
Firstly, I'm not asking for legal advice, so any replies don't need a disclaimer :)A seller I'm buying a house from is concerned about becoming ineligible for food stamps and Medicaid when I buy the second property on...
Hi there, I am looking at a Duplex in San Francisco. The current owner pays about $500/mo on property tax. The property was sold in 1999 for less than half a million. The assessed value of the property doesn't seem to...
I recently acquired a building and there is one unit which is disgusting, smelly, and dirty. There have been multiple complaints of the smell by the other tenants. The smell equals that of underwear that has been worn...
Hello everyoneI am 3 days new here in BP. My husband Eric and I have been really excited to find this site and we've started listening to its podcast and reading post here like crazy in these few days. But now we run ...