Helen M Leyzerovich
14 Unit Rental but Mostly Cash rents
Hello guys and gals. My partner and I are considering a 14 unit apt complex in NJ. We met with the landlord and saw some of the units (we will see all if we decide to proceed). It is a C class property in a B/B+ area ...
Damean Townsend
Please Help Me With My First Subject To Deal
Purchasing a fully rented duplex. Just got off the phone with a verbal agreement. What paperwork is absolutely necessary?
John Ratigan
Found an REO, what's my next step to get investing?
Hi,I found a great property and as far as I can tell, it's about 100,000 below market value. Now, it needs a ton of work. But, I think it's a pretty safe bet that it would be profitable. I am a complete novice to secu...
Bo Tully
Security Deposit Trust Account in Washington State
Hi all,I recently picked up my first single family home rental property in Washington State. I have a question regarding the account needed for holding a security deposit. The state of Washington requires security dep...
Gregory Schwartz
NOI calculations when analyzing a small park
Im analyzing my first MHP and the seller didnt include property management as an expense when calculating his NOI. Even if it will be self managed do should I still include management cost as part of the operating exp...
Sherri Abrams
bank REO's
A lot of listings of REOs come from RE agents or companies that send a list of them to you for a nominal fee. My question is if I call a local bank and ask for a list of their REOs, do they or will they furnish me wit...
Kurt Milliron
How to get a mortgage for a low priced rental
Hello All, new to BP but loving it!A friend of the family has dropped a great opportunity in my lap to buy a 3/1.5 that is 2 blocks from me that has solid tenants and cash flow and I estimate the FMV is around $75k.My...
Rob Bergeron
Heads Up Y'all
Guys, this Jefferson Coutny lead paint ish is going to be wayyyyyyyyyyyyy worse for owners than you understand. Extremely difficult to pass and I bet you didn't know that you had to get it reinspected again in three y...
Adam Macias
"Nearly Half Of All Real Estate Agents in 2023 Sold No Or One House"
Full report: https://consumerfed.org/wp-content/uploads/2024/01/Real-Esta...
If you're on BiggerPockets, you probably can already guess what solution I believe would solve the starvation problem agents are going thro...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...