Dirk Richmond
Looking for cash out refinancing - 50%+ equity after loan.
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
Tim Woodbridge
Analyzing mobile home parks
Hi all-
I'm looking into purchasing mobile home parks here in South Carolina. How does one analyze these? Do you treat it as a commercial property and base things off gross and net operating income?
Thanks in ad...
Eric Berman
Single Family in Beaufort
Investment Info:
Single-family residence buy & hold investment in Beaufort.
Purchase price: $120,000
Cash invested: $300
2 bedroom, 1 bathroom, 1026 sqft SFR.
Currently rented for $1,250/mo.
www...
Kent Julian
Rent or Sell My Personal House (A True Win-Win Opportunity)
We recently moved to a new home and are contemplating whether to rent or sell our previous home. The great news is that either option is a win, but I'm curious to see what Bigger Pocket members think is the bigger win...
Greg Schreffler
REI Nation pros/cons
Any issues w/ REI Nation?Hi GREG, Since you recently found our company, whether you recently downloaded one our e-books from Bigger Pockets, found us on Google, or perhaps you heard about us from a friend or colleagu...
John Thedford
Where Can I Get An Investment Earning 7% Per Year? NOWHERE?
I'm 65 and looking to retire this year. Where can I find safe investments that will give me an annual return of 5% to 7% in retirement? --Gary, Pennsylvania The short answer is nowhere, assuming that by safe you mean ...
Mike Davis
Methods to Determine Value of Commercial Property
I see a lot of great methods investors use to determine the value of commercial property. I wanted put them together in this post for reference and I will post this on my blog also in Bigger Pockets:1. Gross Rent Mult...
Jeremy H.
Calculating the "Cleaning Fee"
How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...
Luis Barrios
Forming an LLC in Rhode Island, advice and best practices
Hi all,I will be creating an LLC in the next few days and will be filling in the state of Rhode Island. I've been in contact with an attorney and a few accountants as how they recommend I file, but wanted to ask seaso...
Mic Nguyen
Should I sell
I purchased a SFH in Cape Coral area in 2010 when the market tanked for 61k. Its been rented to the same tenant since for $700 month. Annual expenses are $2k for tax & insurance. I could net roughly 110k after clo...