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Good day BP Nation.So some of you might remember a whole back I asked for your help to chose between a HELOC and Refi. Based on my time line to sell the property @Chris Mason suggested a HELOC. Unfortunately my lender...
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Hi Everyone,My brother @Joshua Smith and I will be finishing a renovation soon and looking to begin leasing up our four unit building. With Washington DC tenant laws as they are, we know it is very important to have a...
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Hey BP, So I recently opened escrow on a property that I was able to secure seller financing on. The financing and numbers are structured like this: ARV: 250k Purchase Price: 210k Estimated Repairs: 10k-15k. Avg. Ren...
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I own a SFR in a popular area of Los Angeles where rents are high and in demand. The property was my primary residence for 7 years until we purchased a larger house in 2012. We kept the property as we were under wat...
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Hi there, I have some experience leasing for a little over a year, and I haven't run into this particular combination of issues until now. Context: As is baseline standard for screening, I require all applicants to pa...
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In the past few weeks, I have repeatedly stated that I would like to dissect my latest deal and all the odd particulars about it here on Bigger Pockets, both to show others how the sausage actually gets made but also ...
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The majority of the real estate holdings I have are single family homes. We have one duplex that periodically makes us scratch our heads when trying to rent it. Case in point. This weekend my wife showed the open u...
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Interested to hear thoughts from those with experience in very small town investing. My general mentality is very city focused. I have some new opportunities coming down the pipe in Buena Vista, Virginia. This is a ve...
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This is my first BP post, just wanted to preface this post with that fact. I'll give you a little insight into my personal situation so you have a better idea of what I'll be dealing with.I am 18, currently a licensed...
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How's it going everyone?
I have been doing some research and I've known about this 50% rule for a little while but never quite understood when applied to property. Every multi family property I use this screening meth...