Adam Moyer
Which Lender to go with
All,I'd like some advice as I'm deciding between 2 lenders. Purchasing a $250k owner occupied duplex, 15% down, offer accepted today. I have two lenders that have offered some good rates, but this will be my first p...
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
Phong Bui
When have you needed an engineer?
I'm an engineer and investor. I want to see what kind of part time work/services I can provide as an engineer to intersect with real estate. Whether it be subconsultations to someone else or direct services, I'd like ...
Jonathan Greene
Constructive Criticism Will Help You as a New Investor More Than Blind Faith
I get involved in A LOT of side discussions (when a thread goes off the rails and away from the original post) on BiggerPockets. Whenever it happens, it happens because an investor either doesn't like the delivery of ...
Penny T.
Property Manager sent a bill for 7K + for smoke damage in unit
We've rented from the same property management company since 2006, and were in our last unit for 7 years. Smoking was not prohibited, in fact when we specifically asked if there were smoking/non-smoking units, we wer...
Chris Virgil-Stone
Excuses Don't Achieve Goals
This is the story of my first steps as a real estate investor and some of the challenges I faced. I'm writing this in hopes that other's will take control of their future and dreams instead of letting their past or wh...
Joseph Eiwuley
Contractor contract request
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...
Pablo Davidov
Time Factor in BRRRR
Initial disclaimer: my knowledge about BRRRR is purely theoretical. Although I have studied the strategy extensively, I have not yet done my first BRRRR deal, and the purpose of this post is to get insights from fello...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Andrew Potievsky
Which cities have the most promise for long-term rentals (cash flow)?
Hello everyone! I'm interested in buying my first investment rental property with the goal of maximizing cash flow (e.g. targeting multi-family where possible). I am in New York so I'm looking to buy out of state.What...