Jorge Contreras
Need Help deciding which 401k plan to choose
At my old job I was getting a pension but since leaving that company and joining these new one where I work I am now offered a 401k plan, which I plan to fully take advantage of, to which I come here to ask those who ...
Ashley Johnson
What ROI do Buyers Want on Buy and Hold Rentals
Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When ca...
Amy Lemaistre
Contractors doing work without approval and then charging for it
My contractor had a landscaper mow the lawn and trim the shrubs on a house we are working. He did this without my consent or acknowledgment. He then put a charge on his estimate for $250 for this work. Is this allow...
Jacob Paisley
Private Financing and Equity stakes in partnerships
I'm a newbie (senior in high school) but I know the day I turn 18 real estate is my path to wealth and financial freedom. Specifically I would like to get into small multifamily properties and possibly brrrr-ing them ...
Dean Ouellette
Cap rate for 75 unit property
On a 75 unit property, where the gross rental income is about 41k/mo, what cap rate would most investors be looking to make on a multi-family property such as this?
Brionne Moss
Who Pays the Lien?
Hey BP?I have two quick questions when it comes to wholesaling. When determining the price to offer the seller, should I factor in/deduct the price of any liens, or automatically assume the responsibility for the buye...
Andrea Tapp
ARV based on Appraised value or comps?
I am placing several offers in a specific neighborhood that has a $20,000 spread between the appraised value of the condos and comps (that are older then 1 year, there are not new comps for completely fixed up condos)...
Albert L.
Rec for last minute HML/private/local lenders??
Hi everyone, I found a great deal but I don’t have the financing. Typical chicken and egg problem 🐓.Scrambling to find hard money lenders, private lenders or local banks/credit unions that would be willing to chat. Ha...
David Gorman
All cash vs. loan purchase
I have heard on various Bigger Pockets podcasts how some buyers will give two offers for a property. One will be all cash offer and the second would be with a conventional loan contingency. How does one determine the ...
Alisha Decoteau
Analyzing Residential MultiFamily
Im in Atlanta and looking to put a duplex under contract. I’m I analyzing it as we do on commercial MF or as a SFR?