Monique Pett
What is the best way y'all find rents?
Hi guys! I purchase homes around the indy area and I'm wondering how you guys find rents. Do you look on zillow? Pay for something like rentometer? Just want to make sure I'm staying consistent but also have the best ...
Jay Welch
I got 2 lenders with 2 very differaent rates: What's up??
Trying to buy a house at 339k. Salary 110k and FICO 629. FHA loan. I applied with two well known local mortgage lenders. I got two very different interest rates/offers: #1: 3.5% down, Interest rate 4.625%. Mont...
Account Closed
Do you have employees or contractors???
I have seen a dramatic increase in the number of audits of both state and federal agencies around the use of contractors. Be aware that it is not uncommon for the IRS to pick returns that are three years old to audit...
Pamella Molano
Property Came With a 5th Unit Not Listed. What Should I do?
I am new to real estate business and I am in the process of purchasing a 4 unit multi family property. While doing the property inspection we found out that the owner had turn the property garage area into a 5th unit....
Frank Borzen
Title company demands pro rated taxes after close?
Has anyone had this happen? Title company says they "did not estimate real estate taxes correctly" and wants $2500. Closing was a few months ago. Although I understand where they are coming from, it's a tough pill to ...
Clint Richmond
First Multi-Unit (6) Deal
Hello everyone! I'm new to the BG family, and have learned so much from all of the articles and forums. I'm analyzing my first deal, and wanted some opinions.I'm looking at a 6-unit building, with 2 efficiency's and...
Natalie Campbell
Which is wrong - the auction site or the County?
We're looking at a small house that is being auctioned online. According to the auction site the property is .22 acres. However, when I pulled the parcel information from the county website the house is listed as .8...
Art Pulphus
Pro forma advice
Hello all,Is it proper to ask a broker to see the pro forma on a property? I'm trying to understand the numbers associated with multi families and want to use real world examples. I see a property on Loopnet that sh...
Samantha Miller
Lease for House Hacker vs Traditional Landlord
Hi BP!TLDR: Looking for tips/suggestions/thoughts on tenant leases for a house hack (live-in) landlord vs a traditional (non-live-in) landlord.Full Post: I am a soon-to-be house-hacker (closing on a 4 bed this Novembe...
Josh Yamada
Anyone invest in Cathedral City, CA?
I found 2 potential deals (both duplexes (3bd/2bth)); HOWEVER, I know the analysis is too good to be true...specifically the estimated rental income. Just found out that one of the duplexes rents for $1,600/month. R...