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Found a 2bed 1bath for 99k. It requires full rehab. The only thing good is the framing (it has already been guttted).I am complete noob to real estate investing as far as real world experience. I bought a house so am ...
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Hi All,
I received an email from my servicer the other day saying that my borrower would like to file an insurance claim for a leaky roof. This brought many questions to mind real quick. In further discussion with ...
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Hi all,
I am from Portland, Oregon, but I am looking to invest in the Bend, Oregon market. I'm looking into doing a house hack over there! Would love to connect and meet other investors in the area. Thanks so much.
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I am considering the purchase of two fourplexes (8 doors - side by side, owned by one individual). I have been using the Bigger Pockets rental property calculator to help analyze the deal. I'm not sure if my cap ex ...
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Hello all, I am curious how exactly banks will appraise a multi unit commercial property. Its a 6 unit building so I know they will value it based of vacancy rate and rental income correct? Is there an exact formul...
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I had a call from the PM for one of my rentals saying the sewer line was backed-up. This house is only 30 years old, so assume that the line is PVC. I was under the impression that PVC withstood tree roots. Is it p...
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Hello fellow Investors!Before I start I just want make sure I thank the creators BiggerPockets, I love your podcast and that is how I discovered the website, so please keep up the great work!I am from New York, New Yo...
Hello all,I have a four plex(Minnesota) that was signed this weekend, and inspection next weekend. I am looking for advice regarding the loan strategy.4 units in total, 1 vacancy1. Take a 203k FHA loan, and the 5.5% i...
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Hello All, I am new to BP and this is my first post. Just purchased my first property that is a 6 unit in NW Indiana. Any advice you have for a newbie?Will
I purchased my first home in 2013 and have about $50K in equity. I am seriously thinking to sell my house and invest the cash in either rental properties or flipping. Given the market today, do you guys think it is a ...