Account Closed
Analyzing 1st investment - Los Angeles Duplex
Hi all,New member here.I’ve been learning about and following the real estate industry for over three years now and am trying to get my feet wet.Currently have an offer out on the following property – plan to buy and ...
Wencheur Antoin
Seeking Insights on FHA Loan Eligibility for Independent Real Estate Agents
Hello BiggerPockets Community!
I hope this message finds you well. I'm currently exploring the possibility of applying for an FHA loan and had a couple of questions, and I'm eager to tap into the collective wisdom ...
Brent Olsen
My first rental purchase..here are the closing costs..
I just closed on my first SFR in Memphis and was a little surprised at how much closing costs were. I have 2 more in escrow scheduled to close end of the month. I would like opinions on the costs if they seem average ...
Bill Goodland
Best Turnkey Rental Companies?
Hey guys,Now as I am preparing to make my first REI in the next few years I am evaluating all options including their associated risk/reward and what best fits my lifestyle. I am by no means opposed to putting in the ...
Charlotte Lucchesi
Mobile Home Parks
I am new at this site and this is my first post. My question - is it better to buy a park that has park owned units or a park that has mostly rented spaces? It seems that park owned would be more like an apartment w...
Casey Perkins
Single family vs multi family
I have been drawn to investing in real estate for years. But my career has taken me a different direction. But I have finally built our business to the point where I want to start diversifying into real estate! I have...
Joshua Dorkin
How to Calculate Fixed Costs on a Rehab, Flip, or Wholesale
Part of analyzing a deal is having an understanding of the fixed costs that come with doing that deal. BiggerPockets Blog contributor, J. Scott wrote an incredible article to spell out the details for anyone interest...
Snehann Kapnadak
Underwriting 4-Plex like Commercial Multifamily
Hi All,Is it realistic to underwrite a 4-plex the same way as you'd underwrite a small commercial multifamily property (more than 4 units)? I've been using Michael Blank's Syndicated Deal Analyzer and was wondering if...
Richard A.
How do property manage companies, manage to scale /profit?
I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
Guevara M.
Updating Rental Unit
Not real sure what to do in my situation & would like the advice of more experienced landlords. I have one rental property which is just a 1 bedroom, 1 bath town home/condo. It is a upstairs unit & is about ...