Hello Bigger Pockets! I’ve been considering using the BRRRR strategy to get started in real estate, but I am the FARTHEST thing from a handyman. Can anyone give examples or attest to whether it is still possible to ma...
Hi everyone,
How do you do your initial underwriting to separate the potential deals from the clunkers? Obviously I don't want to do a full underwriting for every property that comes my way.
Thanks
I have a property under contract and the lender has just requested a Pahse 1 environmental study be done. The property has never been used as a gas station or laundry cleaners etc. the only thing I can find if years a...
I am writing an offer on industrial warehouse in Los Angeles area. The area is known for contamination of underground water due to oil extractions & heavy industries. Many transactions come with something found on...
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Hi - I am in due diligence on a 12 unit apartment building. Possible oil dumping issues are coming up in the Phase 1 environmental. Based on what was said in the report, it's pretty obvious to me that it's going ...
Hi All,I'm learning a lot here and am feeling more confident to pull the trigger on my first investment property. As I get ready, I'm feeling less confident in the actual execution of the transaction and the day-to-da...
When purchasing a property, what kind of Cash-on-cash return do you guys look for? What numbers make you say, "yes, I'm buying this property," and what numbers make you say, "no, this deal isn't for me." When I analyz...
Well I have been lurking in the forums for the past month and decided to upgrade my account to pro. I figured I should learn to start analyzing properties with the tools biggerpockets provides before I actually start ...
Hey guys, I NEED your help. I am in the process in purchasing my first property and my real estate agent is strongly suggesting that I get a eviromental test done on the property and soil before we close. Says its ver...