Jason Walkowicz
How do you determine the +/- adjustments of a comp
I've often wondered exactly how an appraiser comes up with the adjustment values that are used when comparing properties. For example how much credit or deduction is used for a 1/2 bath, more or less square footage, ...
Kam Lau
Hard money and private money questions.
New investor here. I’m looking for some advice about screening hard money and private money lenders. What are considered some fair terms and what are some things to look for and avoid? Where’s a good placeto find repu...
Steven Burrows
Solo 401(k) documents
Is it possible to setup a solo 401(k) on your own. I've been researching solo 401(k) providers and I am having a problem getting my head around the cost some providers are charging to provide the documents (800.00 and...
Daniel B.
Has anyone heard of DTI being calculated like this with rental properties?
I am applying for a mortgage. I have 3 rental properties on 2 years worth of tax returns (2011 & 2012). They all are cash flowing and show positive on my tax return (even after depreciation). They all became re...
Joshua Dorkin
Business Plan Outline
One of our BiggerPockets bloggers, Ryan Moeller, posted a great basic outline of those things that must be included in your real estate business plan. You can find it at:
Outline of a Real Estate Business Plan, the ...
Chris Mason
Discovered neat/easy way to pay off 30 year loans in 20 yrs
I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end. This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing...
William H.
Vinyl vs Wood: windows where when and why
What say the pros? Is there a guideline of when each is used?I've probably installed a hundred well-respected, custom made vinyl windows so far. I have not installed any wood windows. I am an owner who does a lot of ...
Fabricio Negri
First Flip in the US
First Flip in the US – Florida - Success Hello colleague’s investors,I’m writing to describe our first flip in the US. We purchase the property on Nov/16 and sold on May/17. The numbers were: Purchase: 65,000 Reha...
Yuliany W.
Should I take this tenant?
Hi all,
I need your opinion about this. One of my unit is vacant near downtown Scottsdale, AZ and my manager just told me that she has an applicant but she wanted $50 less than what I usually rent it out for.
This is...
Bryce Renicker
Financing second house hack
Hi BP community, looking for some thoughts on how others have moved on to their second property after using an FHA loan on their first house hack. I purchased my first property a 2 flat as a house hack in December (20...