When I started with my first rental, the person who counseled me suggested asking less than market rent to find the best tenants possible, even seeking a few competing applications. Does anybody think this is a good i...
Hello everyone, I have a question for some professionals and financially savvy people. I want to get started in real estate and I know first I need to get my finances in order, and I have always been great financially...
Hello good people,I'm in the inspection period for my first home purchase. The inspection report came back yesterday and it identified a few items I'm not sure how to react to. How concerned should I be about the fo...
Would anyone have an advise regarding renting a home to traveling nurses? I have a 3 bedroom home and am looking to move in with my partner early 2024. I do not want to sell my home as I have children and was very clo...
My first deal. Stats are below. Tri plex in a B area Lakewood, OH area. Needs appx $8-$9k in work done to bring it up to par.Thoughts/Peanut gallery comments/Whatever, let me know if this deal is plausible or I am mis...
Hello BP,
This is a late post but I wanted to gather the intelligence of the community on an issue I'm fighting with consciously. I know there are several alternatives to this but I wanted people's input. So I have a...
I was having a conversation with my buyer asking if he prefers to run off 70%ARV vs 65%. His response was "I can do 80% LTV with purchase price and repairs compared to LTV."Can someone explain exactly what that means ...
Hi Bigger Pockets! First post on the forums here!I just completed my first cash-out refi of a SFH I bought June 2016 in the suburbs of MA, cashing out $61,000. Financials Purchased foreclosed: $220,000 - PITI $1385/m...
I'm not sure I get it...it seems that there are very few things we can do that actually add value to a fix up project. It seems painting gets the highest rate of return for the cost involved. So why are all these flip...
Hello,My realtor has come across an investment opportunity that they would like to partner with me on. (50/50)The property is pre-construction and as of right now we are having to deposit earnest money with delivery b...