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Results (10000)
Taylor Green Does 50% rule account for future big ticket items?
29 July 2013 | 6 replies

Hi, I have been reading about the 50% rule and I use it for my rough analysis. My question is: Is he 50% rule enough to cover major expenses if you plan on holding the property for many years (roofing, AC, etc) or do ...

Bonnie Lloyd Complicated Seller finance deal
19 December 2016 | 10 replies

I have a home for sale, price 900k.  Not free and clear, has about 480k left on mortgage.  Someone asked our realtor if we would be open to seller financing.  We are early in process but I am leary of everything, as t...

Ron Fiscus Pay for onsite manager
22 October 2018 | 5 replies

Hello,I would like to hear any creative ways to pay an onsite manager.  I hear a common way of paying anywhere from 5% to 10% of gross rents, but I'm not sure that is how I want to do this.  I believe in and want to c...

Devin A Hanley 8 unit building. Looking for 2nd opinions
19 February 2019 | 2 replies

I am currently looking into a 8-unit apartment building. It was built in 2011. The asking price is $600k. It was built as "condos" so there is potential to purchase it as 8 separate mortgages and have a lower interest...

Michael Farrugia bank loan on a multi-family unit 5+ units
26 August 2017 | 12 replies

I have a general question about purchasing a multi-family with 5 or more units. I've heard from a few sources that banks will not question your income when looking for a loan on this many units. For example, if I were...

Landon Thomas Perfectly Nasty Hubzu Deal
25 March 2015 | 3 replies

Watching a Hubzu auction that ends tonight. Its base bid is too high so it will likely expire. The place is perfectly nasty to scare most away and I would like to have it at the right price.Anyone ever try to contact ...

Richie Thomas Help! Need to get the xfer conf # from my bank or I lose my deal!
16 March 2022 | 2 replies

Yesterday was the closing day on my first property (in Huntsville, AL).  I wired the cash to close from my bank (USAA) to the account that the closing attorneys provided.  The attorney's assistant said she was a littl...

Adam Lerner Foxed Rate Mortgage vs Heloc
28 March 2023 | 2 replies

I need some help with a decision on our new property. This is our 2nd rental. We are buying a 2br/1ba home in Hammond Indiana for $105k (a smaller 2/1 just sold nearby for 120k). In order to close on the property we a...

John Smith Underwriting Non-Controllable Multifamily OPEX (pre-acquisition)
19 June 2020 | 0 replies

When purchasing a commercial multifamily building with 5-50 units, how is everyone underwriting / assessing the non-controllable operating expenses on the target property? The offering memorandums from Agents are extr...

Kathleen Bassett Bigger Pocket Membership Tiers
24 July 2015 | 6 replies

Hello,I have been trying to find some answers to some questions about Bigger Pockets.~How many properties can you post per week/ month? ~Where do I post these properties? In the marketplace?~What's the difference betw...