Bryan Noth
February 2022 Housing Market Update for Austin, TX MSA
February 2022 Housing Market Update for Austin, TX MSA
February 2022 statistics have been released for the Central Texas Housing market. There was an increase from the preceding month as well as an increa...
Ryan Shafer
evaluation of a property
Hello,
I need help evaluating a property in the Toledo, Ohio area asap! It's a duplex in a nice city with a great school district. Purchase price 200k. worth approx 220k. Nicest house in the area. It needs absolutel...
Matthew Dekker
Networking in Philadelphia
Hey everyone, I am just getting started in REI. I had a deal fall through in the Scranton,PA so am now looking for deals in the Philly area. I am trying to educate myself as much as possible about the area and was w...
Erika Baker
HELOC for downpayment on first property
I just recently opened a HELOC from my primary home to use for a down payment on my first investment property. I will finance the rest with a conventional loan. My question is, what is the smartest way to pay back the...
Dustin Fisher
Equity or Capital
I recently purchased a duplex in Knoxville, Tn. Should I focus on building my equity in the property or save my excess money for capital? Is it better to leverage a property or have more in savings for my next deal?
Henry Clark
Self Storage- Insurance
Had a conversation with our insurance provider.1. On another post someone said they use locks with a master key for all customers. This makes you a warehouse and not Selfstorage. You then take on new liability on t...
Michael Spindler
Explanation or the Wholeseller / Investor relationship?
Hi BP,
Can someone explain to me the relationship between the Wholesaler and the Investor?
1. Do they (wholesaler) negotiate on your behalf with the seller for the terms? Or does the wholesaler and seller already h...
Micki Yara
Purchase agreement terminology
I want to purchase a lump of rental properties (they are tied together in seller's mortgage, etc...). I want to make a contract to pay the existing mortgage off and then seller finance the rest of the balance. Because...
Greg Lovern
DSCR rent ratio and partially finished basements
We're looking at a property and our loan broker has suggested DSCR. My understanding is that we'd pay $1,000 for a rent appraisal which would have to come in with a ratio of at least 1.0 (i.e. at least as much rent as...
Nick May
New to everything
I was told about the Bigger Pockets Podcast just a few weeks ago. I've listened to a few, and am glad I have found a place for answers. My wife and I turned our last house into our first rental when we moved in Apri...