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Determining The FMV of an Out-of-State Property
Through my website I was contacted by a landlord that wants to sell
his rental property. The numbers he has provided work, but before I
get too involved in the process I want to independently verify the FMV
and potent...
Alex Grier
How Are Small Multi-Family Properties Appraised?
Guy's I'm looking to get some more information on how 1-4 unit multi-family properties are appraised. The primary reason I'm asking is because for my buy and hold strategy I'd like use hard money loans to buy distress...
Jerry Rubinow
Risks of subletting?
I'm renting a house (in Mass. if it matters) to a group of three tenant, three friends on the same lease. One of them just informed me she is purchasing a house for herself and wants to know if she can sublet. The e...
Leonard Sanford Jr
House Hacking - Renting By Room
Great Morning All!Very happy to share that yesterday I secured my first property under contract. The property is a 3 bedroom 1 bath single family ranch. I am planning on renting out the other 2 private rooms, and base...
Nick Murray
Using an LLC to purchase home
Hey all!I am full of questions, and I truly do appreciate everyones time and effort in their responses thus far; BP really is an awesome community! Ok so onto the question:Let's say I am purchasing a single family hom...
Shannon Erickson
Property Managers combined with Hands On HOA?
Hi all! I own a condo in NW Washington, DC that has been my primary residence and I will start renting it out soon. I feel as though I might be a bit too much of a newbie to successfully be a landlord for the first ti...
James Ross
Short vs Long Term Rental Recurring Costs Summarized
Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
Chase Freund
BRRRR Method - Biggest Advantage and Disadvantages
What are some of the biggest advantages and disadvantages investors run into when trying to complete a BRRRR exit strategy? Really looking to hear more about the downside so I can proactively help investors with their...
Bobby Narinov
How to collect Property Damages made by Drunk Driving Tenants
Yes I know, I should have screened my tenants better but I am a sucker for people trying to turn their live around.I know that they (I hope I am using the politically correct pronoun here so my post don't get deleted ...
Ian Dunross
Multifamily Financing Plan
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...