If I get a property under contract that has a mortgage. Is that mortgage then in my name? Who's responsible for the mortgage and will the lender allow the sale of the property with a mortgage on it. Thanks for the hel...
Hello, I'm new to the community and trying to learn to ropes. I'm working on analyzing numbers and came across this multifamily building. I'd very much appreciate some feedback on what I've found. Can anyone please po...
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*This link comes directly from our calculators, based on information input by the member who posted.Hey everyone! I just went pro and I am running the numbers on a deal my father and I are looking to take...
Hi all,I'm closing on triplex here in the next couple of weeks (yay!) and went to my regular insurance guy to grab a quote/binder. My lender red flagged it for me when the binder came in as the coverage was for a litt...
Hi, my name is Bill Fallesen and I live in Norfolk Nebraska, I am totally new to this having read Rich Dad Poor Dad and finding Bigger Pockets in the last 2 months. I found a 7 small apartment home that needs consider...
Getting started, there are always so many questions! I tried to find a list of "estimated" costs for standard rehab projects but I haven't found anything that is very comprehensive. What I'm hoping to create is a...
I have a 10-unit apartment building and got a call from my PM this morning that there was water pouring out of the boiler in the basement/boiler-room and so when he had it inspected, he was told the boiler was gone an...
One of the things that I continue to struggle with is estimating rehab costs.I often hear Brandon say on his webinars and on his IG account, is that we need to get really good at analyzing properties.That it is import...
Hello All.How do you know how much property tax are you going to pay and how much will the insurance will cost you each month? so you can run your numbers?
Hello,So the inspection report came back with these red flags, the offer for the house was 300k, then i asked for 25k reduction and they take care of all the hazardous stuff but they said ok for 25k but you take care ...