Nathaniel Loeffler
21 unit deal analysis for NC property
I'm looking at my first potential multi-family deal and was hoping that some of you with more experience can tell me if this deal is worth exploring further:
21 Units in Charlotte, NC
Asking price - $649,000
NOI - $9...
Jad Boudiab
Coronavirus, lockdown, and losing your ass.ets. Lessons Learned?
Covid-19 outbreak, media madness, lock downs, eviction moratorium, no rental income, and no NBA. Who in the world would have predicted this?
Now that we're on lock down, I have some down time to check BP. It's to no ...
Mitch Messer
Georgia Now Allows Remote Real Estate Closings - GAME CHANGER!!
As of March 31, 2020, all real estate closings in Georgia can be conducted with the parties being remote, with notarization and witnessing done remotely as well, for so long as the Public Health State of Emergency is ...
Karine Arditi
Can’t get a mortgage
I can’t get a mortgage because I had a COVID year and did not work but have the funds for real estate. I have enough for a down payment and enough for emergency fund+3 mos vacancies. Just can’t get a loan because th...
Jessica Wood
Water leak - can’t access because of pit bull
Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak. We tried to enter the unit above to shut off water and there’s an angry pit bull inside. Lease says no pets. Can’t get a...
Seth C.
Where do you keep your contingency funds?
This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...
Bastian Kneuse
Repair - Request Itemized Statement from Property Manager?
I just had a situation where a tenant had a leaking toilet and informed the property manager. Apparently, it was considered an emergency because the supply line was leaking and otherwise would have flooded the home. T...
Brandon Ribeiro
not enough money for closing costs AND down payment...
Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing t...
Clayton Silva
Hot Topic: Fed Cut Won't Do Much (Sept 2024)
It's still just over 3 weeks away, but questions are already ramping up regarding the impact of the Fed's rate cut on mortgage rates. Here is exactly what the rate cut itself will do: NOTHING!
The easiest way to und...
Trey Klauss
Pre -COVID till Now
What is something you have learned from going from pre-coronavirus to now?
Will you change anything going forward?
Also, what is the first thing you will do when you are able to get back out