Chace Cottles
How do the numbers work w/ eventual roof replacement costs?
Hey Team, I’ve been listening to all of the recommended podcasts & books & have done my best to understand what I can before diving into my first deal, but I still have a couple of specific questions I’m hopin...
Andrew B.
Thought for Charitable Cause - Where to Start
Hey BP,
I'm trying to flush out an idea and looking for some help. Unfortunately there is some tragedy tied to it but trying to find a way to have an outsized impact.
As many of you may have seen, on Aug 5, 2020, th...
Josh Southern
Can a new owner terminate a lease upon purchase ?
Looking a at nice muti-family.The good:One 3/2 house with 3.5 year tenets that are month to month right now.Two 1/1 apartments over a 4 stall garage (which is not used by tenets)The bad: after showing but before I pu...
Rising Tide
Upside down on a lot
I'll make this as brief as possible. I purchased a waterfront investment lot for $300,000 in 2006. It was part of a 1031 exchange. It is now worth $90,000. There are plenty of comps and the bank's appraisal was $90...
Brooke Isbell
Waiting periods after financial events
Just wanted to start a discussion here and see what others are thinking. I heard economists speculating recently that since the Fed is saying they will not raise interest rates for at least another year or two, that ...
Ethan Field
Opportunity or BUST? Is this a possible deal?
Hey everyone, Bare with me for this long story... I just want to see what is possible and not possible with buying this home.I am currently in a negotiation with a previous homeowner who still has his name on the deed...
Randy Havens
how to make a 4 unit property into a 5 plus unit in Brooklyn
Hi there!
I finally got a HELOC loan for my 4 unit residential building in Brooklyn, NY. I would like to split each apartment into two. Starting one at a time. However I have a residential mortgage, and the HELOC is ...
Izu Ariwodo
Frustration with Sherman Bridge (A hard money lender)
I am a new investor. Sherman Bridge lending, a hard money lender was recommended to me by their sister company New western wholesalers.The loan funding was quick. But the moment I was locked in and started the rehab, ...
Troy Lilly
Beginning Strategies for House Hunting
I rented through college and continue to do so for the past few years post-graduation. I believe I will be moving within the next 12-18 months to a more populous area somewhere on the east coast. I have always wante...
Andrew Perkins
Can Real Estate create Happiness?
Hello!A friend and I have recently begun sitting down with people who identify as “Happy”, and trying to find out what that means to them. It made me curious, as a part of the biggerpockets community, how real estate...