James Edwards
Payment as Percent of /Profit
Has anyone ever purchased a commercial property, and used profit of the entity to set monthly payment amount, so it is flexible?For example, full/contract price of $100k, 10 year amortization. Monthly payments not les...
William Bucklin
How to fund the rehab?
Hey everyone! I just purchased my first property which I plan on BRRRRing. It was a owner financed deal. The property was 29,900 with 25 percent down, 6 percent interest on a 10 year loan with a 5 year Balloon. I’m li...
John M.
Renting out an ADU, what do you do about utilities?
Hello,I am looking to purchase a property to rent out and construct an Additional Dwelling Unit to rent out as well, as a long term rental (more than 6 months). The city code doesn't allow me to hook up water, electr...
Lindsey Vargas
Higher price for month to month?
My tenants lease is ending and I told them I am going to raise rent by $50. (Gave a 60 day notice)They have requested to be month to month in case the market crashes and they can buy a house. I think I’m fine with the...
Michael Robbins
One Bedroom Condo Search - Las Vegas/Henderson
I have recently been looking at Las Vegas/Henderson one bedroom condominiums for some of my investor clients. One bedroom units have not always been on my radar and I found it may be an interesting option. So far, I ...
Derrick Coppin
House Flipping Calculator
Hello biggerPockets! I have a question about the House Flipping Calculator. 1. what percentage is normally the Purchase Closing Costs?2. what percentage is normally the Selling Closing Costs Closing Costs?
Braden Burnside
Renting Vs. Rent To Own
So I'm a first time home buyer, and I plan to buy a single family home to rent out. I was wondering everyone's thoughts on regular renting vs. rent to own. The pros, cons, and which you have found to have worked the b...
Bienes Raices
Water bill liens
I found out that unpaid water bills in my county are lienable.
To prevent something like this from ever happening, would it be a better strategy to: 1) have tenant put water in their name, check monthly whether the a...
Pandu Chimata
Exchanging a property as a down payment ?
Here is the scenario.My partner and I listed our flip property on sale. There is one potential buyer but he wants to sell his condo to make a down payment for our property. He is selling his condo off the market for ...
William Hinsche
Variable Property Taxes
What are the advice out there on investing in a market where the property taxes are variable and always seem to go up? Thus affecting your cash flow YOY. Can you raise rents to compensate without risking tenant turnov...