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I am making my first commercial real estate offer today and was wondering what I should request as part of the offer. I am putting subject to bank approval, copy of all expenses, profit and loss statements, half closi...
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Hi all,
Another question brought on by my excess of equity. I have a $350k property that is a SFR free and clear that has a 5 year rental history currently at $1700/month. Also have a primary worth $720-$750k and o...
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Hello All, I have a few roofs I need to get replaced over the next 90 days and one of my go-to guys is having some citizenship issues and my other main guy's prices have gone thru the roof as he has way too much work ...
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I understand that rental payments for property owned by my SDIRA account (custodian, not LLC-type) need to be handled in an 'arm's length' fashion. I haven’t found a property management software that will collect the ...
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Hi. Trying to get some very fundamental stuff answered and clarified.
example 1:
Homeowner Scott Spivey took out a mortgage for 200 grand and bought a house. He paid 10,000 dollars on it and then lost his job. He ...
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Hi,
Wondering if anyone has any thoughts on this situation.
We bought a house about 2 years ago.
Facts:
1. The furnace is not up to code due to clearance violations (and wasn't when we bought the house)
2. Our ins...
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My first private loan has been a great success! I'm expecting to receive the final payment from my borrower--always on-time--in a few days. My question is, what now? I think the county Register of Deeds (Wisconsin)...
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My yearly cost to run my STR is $30k and I've been bringing in $100k for the last 2 years. Can I take out a HELOC/somehow leverage to pull cash out for a down payment on another property?
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I recently had a seller come to me and say that during the process of deciding whether or not to put their house on the market, they entertained one of those Bandit signs. A wholeseller came over and told them their h...
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Hello everyone, my name is Troy Smith! I am new to the Bigger Pockets community and ready to commit and dive head first into real estate investing . I was born in Kingston Jamaica and raised in Brooklyn New York. I A...