Elizabeth Moore
Buying First Flip - Offer Question!
Hey allI have put in an offer for my first piece of property to flip. The initial listing price was $79,900 and I offered $62,000. I walked the property with my contractor twice and his estimate came out to $35,000...
Tiffanie Mayo
Trying to get started I have $15,000
Ok Here is the Deal I just refinanced my Duplex( I house hack) I was able to get 15,000 out of my house. :) YES!!! Now I asked the mortgage broker to get pre- approved for a loan for me to buy another Duplex or a 4 fa...
Gregory Koszkul
Renting detached garage space- do I need extra insurance coverage
I am renting a detached garage to someone that is not a tenant at the property- they are storing their classic car there and plan to keep it here for about a year while e builds a new garage at his house, will not be ...
Charles Granja
No property tax / Assumable debt for multi-family. How would you qualify/structure?
Hello Biggerpockets,I would like to hear your perspectives on this.I do not pay property tax in Chicago and I found that I can purchase a triplex/quadplex in Chicago or the suburbs for up to 800k. After this write-off...
Brian Noel
Metrics for buying and managing Multi-Family Buildings
Does anyone have any good metrics that i can get/ use for Multi-Family Buildings. I need to understand what are the typical percentages that should be allowed for Reserves, Taxes, Vacancies, Maint & Repairs, Prop ...
Leonard Galper
Using Virtual Assistants for cold calling?
Hey all.
Trying to get to even some of my leads is a nightmare plus I'd rather be doing anything else than cold calling. Anyone who use VAs have any luck with having them cold call? I know a lot of these guys are ba...
Rj Kro
Cost of pest control
Hi all-got a landlord question. I rent a single family home-we actually lived in the house, up til 2.5 years ago. Had a nice family move in when we moved out, and they had no pest issues for 2 years. A new tenant move...
Gonzo Moore
Co-Borrower but am getting allocated full mortgage payment in debt to income ratio calculation?
Hi All,Hopefully a quick question and apologies if it has been asked previously, I was unable to find the answer in my searches.A business partner and I co-borrowed for our first investment property. We both live the...
Rod Coleman
How to fill out the contract when you plan on wholesaling and assigning it
When wholesaling a contract, and you do not have an entity and you plan on assigning the contract do you put your name on the contract as buyers, and at closing the attorney uses the assignment of contract to close in...
Bin Chen
Convert from 2 family to 3 or remodel and just rent out
Hi all,I am currently working on a two family house in the riverdale part of the bronx, I went the route of converting the property to a 3 family house but am now wondering if it was worth it.Scenario 1:The house is a...