Pathik P.
New to 5+ unit MFH, would love advice and tips!
Hello BP community!My name is Pathik Parikh. I'm brand new to the Real Estate Investing world, along with 2 other members (my younger brother and brother in law), through an LLC based out of NJ. Like many of you, our ...
Jeremy Taylor
Flipping Spreadsheet for Money costs
I’m either looking for a spreadsheet or I’m going to make one that will show me what my hard money costs will likely be on a deal. I would like to be able to quickly reference what it will cost to hold a property at X...
Jerry Gandolph
Best way to handle taxes on Flip house
Hello,
Im closing on a property today that I intend to flip for a profit. I bought the house via forclosure for $115k, will put about $20k into it and will list it for $225k. Im curious what is the best way to approa...
Peyton LaBarbera
EMD with Auction Properties Question
At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?And just checking, is the EMD requirement for foreclosure auctions 5% of the total...
Priscilla C.
Best Loan types for short term rentals
Hi I am a current homeowner and want to get a 2nd property for short term rental.I am wondering what would be the best course of action in terms of getting a loan for an investment property.Would you recommend getting...
Sandy S.
Tenant trying to negotiate lower rent due after lease expiration
I have a case with a tenant that is trying to negotiate a lower rent due to delayed repairs/inconvenience of doing repairs. I do not agree with their counter-proposed rent. The lease had already expired last month, ...
Chinmay J.
Long term investing....Real...... Long term
Happy Fourth of July everyone ! So the other day, a friend of mine came up to me. He knows that I am real estate investor and realtor, and he always likes to pick my brain over this and that....usually something very ...
Joshua Nicholas
Tax foreclosure gut rehab questions
Hi everyone, I am faced with a problem I'm hoping some people on BiggerPockets can help me with.I'm looking to buy a 6 family property in my area that is going to be foreclosed on for unpaid taxes. I've negotiated wit...
Michael Stole
How to politely reject a contractor?
He came on site to give me a quote the other day, which is much higher than others'. He called and texted me several times asking whether I would accepted his quote today. I don't want to give him any hard feelin...
Shawn Ed
Long term tenancy over one year
I am looking for long term tenants which could possibly stay 2 to 3 years but the initial lease will be one year to begin with. So I get responses from people who just want to stay one year only. If I say no to them i...