Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Maxine Kunimura
When contractors won’t come out - need quotes
Advice needed on my ‘Smelly Mansion’ please!I’m having a hard time finding contractors willing to come out and give quotes this late in the season. I’m a new investor and I’m just beginning to work on building these r...
Maria Marrero
Section 8 tenant analysis
So I am trying to help out a single mom not to lose her section 8 but at the same time, I dont want to lose money.She makes only $13,824 A YEAR [or at least thats what she reported on smartmove.com] The rent is $1750...
Angela Jossy
I am looking at a houseboat as my first investment
Some friends of mine are selling their houseboat. They've put a lot of time and money into it. It was their home and a place for them to do meetings and small retreats. They have two boats and they are selling them bo...
Michael Pazirandeh
Is it really worth setting up an LLC?
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
Ben Petersen
RE Agents: Insulting to lowball offers?
Hey fantastic RE agents of BiggerPockets! Earlier today, I was speaking with a friend of mine regarding a few properties that I am looking at. One of the property’s is a SFH fixer upper and the owners are “extremely m...
Neil Schindel
Seller Wants to Sell House for Less Than Mortgage
I am currently working with a seller who owes 70k on his mortgage. His house is assessed at 63k. It has a finished upstairs with 2 bedrooms and a bathroom but isn't added to the assessment because it doesn't have A/C....
Justin Tahilramani
Purpose Build STR Duplex
Hello BP Members,I'm starting a new project and I wanted to take a moment to share it with the community. Please feel free to ask questions and make suggestions. I hope that this post will help others that are contemp...
Rob Cee
Good sources of further education for note investor?
I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
Samantha Miller
Lesson learned. . . seeking encouragement
Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :( Thanks in advance!I am just 2 weeks from closing on my first p...