Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
Hi, everyone. Thanks in advance for any help you may be able to offer. I believe I have found a great property to purchase as my first investment. It is one continuous building on a residential-zoned lot; however, it ...
Hey all, I'm a new investor in California and have noticed interesting deals interesting Texas, but can't figure out average rehab costs per square foot. For a house about 2,000 ft Sq, with light rehab (paint, floor, ...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Hello all,I'm looking to get some feedback from people who have made a practice of buying occupied rent-ready small multi-family properties.This is my niche of choice, and despite what I consider to be my best efforts...
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...
There's nothing like the feeling of getting that "slam-dunk" deal under contract. The perfect property at the right price, that checks all the boxes. This past week I felt I had such a scenario. After competing with 2...
My wife and I purchased a flip off the MLS a little bit ago. Everything went along well till a bit of a hiccup at the end when the seller (owns the neighboring property) realized they didn't have a direct driveway i...
Hi everyone I am pretty new to BiggerPockets and as well as real estate investing and I was playing around the site and came across the SmartMove application to screen applicants and possible new tenants. Was wonderin...
Stepping up my game to multifamily…This 6 unit is rented in a decent area and has 5 rented and the owner occupying the 6th. Here’s my objective. Buy the property with a conventional investment loan. Fix up the 6th uni...