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I have an apartment building under contract. The owners reported a net operating income of $27,500. This was the NOI listed on the MLS and all the paperwork that they gave me. My lender requested the Schedule E and I ...
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Just asking hypothetically of course. Suppose you own a Bi Level two story house but you are having hard time finding good renters for the whole house. And suppose you found 2 families who you really like and who like...
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Just ran across this:https://haus.com/resources/the...The inventory comparison is interesting, but most interesting is their index reportedly only has a 2 week lag. That means the recent wild ride in interest rates ha...
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Hello BP'ers,Today, another monthly inflation report came out, the nations December CPI. Consumer Price Index. Headline (total) inflation was negative, -0.1% M/M, which is a great thing to see. Mostly driven down b...
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Hi bigger pockets family. This post might seem crazy but i promise its true. I recently moved to Colorado. I work at a ski resort out here and recently found out the owner needs to liquidate the company or she has to ...
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What sites do you guys use to get really good handle on a given area employment and growth prospects when you are evaluating a new area you might buy property in?I use bestplaces.net, neighborhood scout, and spot crim...
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Howdy folks! New to REI, closing on my first property this Friday! Sad news is it looks like I may need a new roof. Hoping you folks who have been doing this a lot longer than I could provide some guidance.
Below is ...
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I suppose it is good news that my first eviction went as smoothly as it possibly could have. Unfortunately, between the unpaid rent and paint/carpet damage to the property a considerable amount of money was lost.The e...
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Hi,
My grandfather wants to gift a property to me but there are liens of approx $80k. When I spoke to the city they said the liens would be removed if the home was shown on the abandoned property list. Does anyone ha...
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I’m trying to get at least $40k net profit from a single flip in Michigan?I have 200k to invest.Am I being greedy? What amount of return would you expect if you had $200k in cash to use for flips?My realtor said for a...