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Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...
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Hey folks...Within the past month, I've heard on a number of occasions "just get it under contract." To give it a little more context, pretty much these people were saying don't worry about how much the rehab costs ar...
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I have a section 8 prospect that wants to apply for my rental. She has to give her current landlord 60 days notice to move out. Before she bothers applying, she wants to know what it would take to hold the unit during...
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I have established a Series LLC in Oklahoma. I have 15 rent houses currently. The owner is carrying the note at this time but I am about to get a couple of the houses in my name. When we officially move these houses o...
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Hi BP Members,Here is BRRR analysis report and I'd appreciate any feedback on it.2 family property.Asking price was 175K cash but owner has come down to 125K cashARV is 220,000 Repairs $60,0002 x 2 bed units will rent...
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I am hoping I can get a little help as this is my first investment property. My current tenant is up for a lease renewal soon. My property manager sent me an e-mail asking if I would like to renew for month-to-month, ...
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I have been looking into how hard money will work with a BRRRR deal and have watched videos of people using none of their own money after everything is all said and done, which is the point right? I included an exampl...
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Hello everyone,I am hoping to gain some understanding about a topic I never gave a thought about until I came across it firsthand. Its regarding Spanish only speaking tenants. I am currently in the process of purchasi...
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I am asking this honest question as a newbie, and I hope I will get some honest replies. I don't know a whole lot about REI, so I hope someone will correct me where my thinking is wrong. I am interested in buying my f...
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Hello Bigger Pocket community,I have a few questions if I may, with a lot of people turning to real estate; how does one stay ahead of the game? Meaning how or what do you look for when analyzing a city to determine i...