I'm kicking off a conversation about rehab calculators tonight.In my opinion, a rehab calculator should do more than simple add up the major categories for you (i.e. roof estimate + kitchen estimate + etc.). The real ...
Hello Note investors - I've listened to The E-Myth and I keep hearing investors talk about the need to automate their business. I totally understand the concept and the need for it, but I'm having a hard time picturin...
Looking to do a quick job and change floors in a multi, thought about pulling up old linoleum in bathroom and kitchen and wanted to put tiles down but looking for something relatively easy and cost effective. Any bad...
Hi all, I'm reviewing a potential MF deal and looked at the rent roll. 100% of the units are affordable housing of various programs, including Section 8. I was surprised to see that all of the rents are substantially ...
I am returning a deposit to hold the property because the prospective tenant doesn't meet my qualifications. What should I include as far as a letter goes? Should I give them the reasons for denial? Should I mai...
My family and I have recently relocated to the Raleigh, Durham, Chapel Hill area of NC after working the first 15 years of my career in Silicon Valley, Ca. I am a new real estate investor looking to participate in th...
Anyone know about current loan assumptions if they even allow them anymore. This would be for a VA Loan obtained in 2007. What are the closing costs associated with assuming a mortgage. I am guessing the original t...
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Are the difference in rates for 25% down and 20% down?I see for Fannie Mae, investment properties, people can do as low as 15%.I'm wondering if rates are significantly different for 25% vs 20%.
Hey, I am brand new but excited. It seems like the general consensus for all the successful investors that come on Bigger Pockets Podcast is to "jump right in". Currently I am in a market that I know little about and...