Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...
We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...
On the BiggerPockets website everyone has an equal voice. An equal opportunity to read and post as anyone else (as long as the poster follows the BP posting guidelines of course - which is understandable).I have learn...
Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
Who has a question about investing, owning and or building on the Outer Banks? I lived there from 1997-2011 and was one of the largest builders in the area. I have built and developed hundreds of homes and done over $...
The thought of buying cash flowing rental properties interests me. However, I'm from Long Island, NY and cash-flowing deals are very hard to find. I'm considering purchasing out of state but don't know which markets I...
Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...