Brian Stefanelli
How do you handle poor financial and rent roll data?
I am looking at a four unit and requested the T12 and current rent roll from the agent. What I received in return were lease agreements from 2016 which are month to month and a document called a "financial statement"...
Kevin Liu
New Aspiring Investor from the Bay Area
Hi everyone, I'm an aspiring investor, living in San Francisco (arguably the most expensive real estate market in the US). Since moving here in 2011, I've seen the rent go from expensive to absolutely ridiculous. Prof...
Dick Green
Iran Threat Real or Not?
So we found no weapons of mass destruction in Iraq and decided to go to plan "B" which was to reconstruct their government. Now we have a possible real threat in Iran. Is it real or is someone crying wolf again? Ca...
Michael Ardoin
Boots on the ground in TX seeking mentor
Hello All!It's great to be a part of Bigger Pockets! I've been lurking for a little while now, posting here and there, but I've decided an actual introduction would be a good jump-start. My name is Mike, and I am orig...
Wade Stahle
Buying at top of market or waiting? ALASKA
Here in Alaska the market has been booming for a long period of time. I have been very eager to buy my first rental but the the price of oil being so low will for sure cause our housing market to experience some type ...
Samantha M.
1920s home no central heat/air Part 2
It seems we the seller and I are beginning to reach an agreement on price. The comps in the area for the full ARV all have had central heat / air installed. I went ahead and factored that into my repairs and made ...
Nick Hedberg
Non Rent Controlled Cash Flow Areas Near Los Angeles?
Hey Everyone,I'm looking for recommendations withing 1-2 hours of LA of places that don't have rent control and have decent cash flow options. San Bernadino, Oxnard, etc. SFR or multis.Thanks for your input!
Benjamin Sussman
Should I sell my property and use proceeds to buy in a better area?
Hey BP Community!I currently have a 5 unit in the Back of the Yards neighborhood that produces $2,000 a month in cash flow. I think I could sell it for about $350k and get net proceeds from the sale of about $148k. I ...
Edita D.
Closing on a house in 7 days and credit score dropped 60 points
Hey guys,
we are about to close on the house, and we just found out our credit score dropped 60 points, so now we have a delinquent payment of 60$ reported to credit bureaus. (We did not receive a paper statement from...
Anny Ann
Is this a bad time to invest in the Houston market
What is everyones opinion on the Houston housing market? I've noticed a slight downtrend in the market. Is this real and will this continue? Is this a bad time to buy for buy and hold investors?