Good afternoon everyone, I am new to investing and my area (and BP PRO) of Tacoma, Washington seems to be a little low on the supply side of MF properties in my price range. So, looking through the supply in the area ...
I'm a new investor and working on rehabbing 1 bedroom apartments in a 12 unit building. For the kitchens I'm able to salvage the cabinets thank goodness but not sure about upgrading to granite vs going with Formica. I...
Hello everyone! My name is Bill and I am a real estate addict ;) I found BP about 2 years ago but just started logging in regularly this month. I NEED HELP!Timing... I have always been interested in real estate sin...
When evaluating the strength of a franchisee or a national QSR how much scrutiny it is placed on the franchisees financial statement more specifically the personal asset ownership?Here's my scenario, the franchisee of...
We bought a condo and moved in 5 days ago. Me, my wife, and 1yr old daughterInspector had found a small amount of mold under the sink in the inspection. Less than two square feet. Sent it to a lab and it tested as “pe...
Hello BiggerPockets,I have found a home that has been on the MLS for 110 days and counting. It began its journey on the market at 119k and as of right now its been reduced to 97k. I believe that with a good negotiatio...
I own a duplex that we have turned into a triplex. We live in the basement unit. We built this unit from scratch, it was a large finished empty basement. We insulated the ceiling to help with noise but it hasn't don...
My name is Justin Davies, and while not new to Bigger Pockets, this is my first post.I just closed on my first official deal in Asheville, NC. I have flipped a couple of houses with my father in law in VA, as well as...
A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...
Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...