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What are the typical terms for Hard money? I want to get an idea of what the current interest rate is, points, how much I need to put into the deal and how the disbursements work for the rehab. Are there upfront...
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Can someone please help me understand cap rates? For some reason I can't wrap my head around it. I understand the mathematical equation... that's easy enough. Cap = NOI / Property Value. NOI is pretty straight for...
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I recently rented out a house to a couple that lost their house due to fire. It’s been constant nitpicking (he’s an engineer) the house was a complete rehab; nothing wrong with it. He called me this morning complainin...
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Hi,
My name is Ben. I am new to biggerpockets. I have caught up with the podcastas and I am moving forward on my first property. Meeting with the agent tomorrow, and going from there.
A couple questions:
What is th...
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I have an offer out on a 60 unit MF property and would like to hear what others are using for their analysis and projections. I'm in DFW, looking at c class properties. If I'm buying at an 8 or 8.5 cap, wouldn't ...
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Hi all,
There's a home I'm interested in renting that I saw on Zillow and reached out to the landlord. She is saying that she needs for me to apply via Zillow (there's a $29 universal credit/background check that can...
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Hi any recommendations on a tax preparer that specializes in real estate? I connected with someone in feb on here who came highly recommended but the onboarding process has been painful and disjointed there's been lot...
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I am looking for suggestions on the best air freshener to use in a short term rental. We have typically avoided plug in or evaporating air freshener scents in our short term rental. My concern was someone may be sensi...
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I am getting started marketing to probates and quite often come across a situation where the decedent is the owner of the property, but the executor is their spouse and also living in the property.
Is it wort...
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From the LA Times, 5/17/15, Business section, page C8, Real Estate page: At least in California (check you own state laws which may be similar) : For those who own condo or townhouse, or any property with HOA: You h...