Hi Everyone!I'm in the beginning stages of a potential wholesale deal and have some questions. First, I want to say that this isn't my 1st deal, but it's the first deal that isn't completely straight forward and I kno...
Received our first rent check. Feels good. I have certain amounts that i want to divy up to go towards future expenses (capex etc). We also set up a competely separate account for the house. Do we leave that excess in...
Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
Would you rent to someone out of state (Wisconsin) if they don't already have a job? They are a nurse and say they'll use GA state reciprocal laws to get licensed and a job. She's willing to pay the deposit and first ...
If tax and insurance are variables that can increase year to year - do you allocate reserves for that or is that what cash flow buffer and rent raises are for? what events can cause a big jump for those?
Could someone please help analyse this deal. Not sure if its a good one or not and if my numbers are correctly inputed. This would be my first purchase. the link to the Rental Property Calulator report is attached bel...
Has anyone successfully structured lender financing AND seller financing together?The situation I'm currently dealing with is something along the lines of the following:i.e. the deal is 1MM, the seller finances 50%, l...
I have been reworking my Maintenance and Repair and my CapX numbers a couple different ways and I keep getting approximately the same numbers.My typical unit I am looking at is a 1000 sf 2/1 duplex or 4-plex with hard...
Hello Bigger Pockets community - I've just refinanced my first property and sitting on a bank roll of about $350k. I just closed on a Philadelphia deal for $220k and $60k rehab with $340k ARV and a DC deal that's $60...
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*This link comes directly from our calculators, based on information input by the member who posted.We decided to forgo the deal because our rehab bids were around 40-45k and our best opt...