Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Shiloh Lundahl
At what point in time does a college education not make sense?
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Clayton Crawford
Once again, i disagree with my broker. need some advice
About two months ago my Real Estate Broker offered me a condo before it was put on the market. I declined the offer because the price was too close to market value. I'm looking for buy and hold properties and i want t...
Christopher L.
Permits, red tags, inspectors -- oh, my! (Caught -- what to do?)
Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...
Elizabeth O.
Selling a rental property owned less than a year
Hi! I'm a new member trying to decide whether to sell a rental property and would appreciate any opinions.
The property is a SFR in San Francisco. It has 2/1 upstairs in the main house and 2/1 downstairs as a...
Sean Haran
Newbie with high income - Invest local or long distance?
Hello all! I’m a Bigger Pockets junkie and aspiring investor. I’m 26 years old, working as a solar sales rep on a full commission 1099 pay structure (no hourly/no W2). Income varies month to month from 8-10k per month...
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Yongming Huang
Why are real estate agent commissions so high in the US?
I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...
Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Alec McGinn
Why would I want to buy rat holes?
I always see cheap houses for sale in my market and they are complete rat holes and the realtor always says “great investment property” well my question is do the best investments always come from rehab? Wouldn’t it b...