I own a mobile in Colorado Springs that I purchased in 1997. It is in great shape as all the maintenance has been kept up on it and many improvements. It is located on a double sized corner lot in a quiet mobile hom...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
I need some direction. A homeowner emailed me from my direct mail marketing. She states she wants to sell her home, however, the tenant won't let her get into the property. She said that she has told the tenant they h...
Hi all,I'm a newbie in investing multi-family properties. I know Loopnet is one of the great places to start off, but all free info of property on Loopnet is ones that nobody wants. My questions are:Why are they bad p...
Hello Bigger Pockets Community,
I have some multi family properties (total of eight units) and the property management company has a shared bank account so they can deposit rents and then debit expenses with co-sign ...
Hi Everyone!
My partner and I remember recently purchased our first property which is a 3 family in Chelsea Massachusetts (very tenant friendly state). My partner and I will be landlord occupying. The building has 1...
Hi everyone,
I'm considering investing in an older multi-family (~100 years old) around the Boston area. I only have experience with significantly newer properties and want to make sure I run the numbers correctly. D...
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
Hey everyone! I’m curious to hear from you guys about whether I should wait to invest in real estate until I get better financials or if it’s not a bad idea to start now. Background:I’m a 25 old college student, gradu...