Daniel Williams
Offered 10k for a 35k property (winston salem nc)
This is my 3rd offer... i have a family that wanted to go back to California and had a 35k property which they said was worth 45k. I have not seen the inside but the comps was about 35k... so i offered a soft pass of...
Christopher Hardy
Verbal offer to FSBO
Hi guys,
First post and love the content. Quick scenario here. So I'm helping my friend buy a condo and it's FSBO whose also the listing agent too. We saw the property today and my friend loved it. It's been sitting ...
Al Williamson
Want $12,000? The $100 Expense Reduction Challenge
You can boost your equity by reducing expenses - but will you try?
Help fill the Innovation Shortfall by accepting my dare to reduce your rental's expenses by the equivalent of $100 per month AND providing supportin...
Catherine Ding
Delayed financing - all cash offer then refi immediately?
Hi BP!Has anyone offered all cash then immediately refinanced to get the cash out? I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advis...
Christopher Kolasa
Help! I bought a bad deal, but now I might have a good one.
BAD DEAL:I signed a purchase and sale agreement for a home in Chattanooga, Tennessee, Orchard Knob, on the southern end. The property is a single family, 1300 SF, 3BD/1BA, got it for 65k, anticipating $1000/mo in rent...
Account Closed
Exciting BiggerPockets Pro Membership Update!
You heard it here first–BiggerPockets Pro just got better! Now, your Pro membership is your one stop shop to start, scale, and manage your portfolio.
What’s new? As a Pro member, you now get access to:
Invelo’s o...
Taylor Stamm
Using Rooftop Solar Panel Systems to Increase Cash Flow
Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not ...
Iaroslav Demydovych
Tenant Mowing the Lawn March - November Only
Hi Everyone! Hope everyone is doing well!I recently had a tenant moved in (July 1st) in the lease it states that I ( landlord) will be taking care of the lawn. But a week later i've realised i could drop the $30 off t...
BJ Henderson
My First Offer
Hey all,This is my first post and I wanted to share that I submitted my first offer yesterday. While the seller did not accept it felt great to get up the courage to throw and offer out. I'm not going to let that get ...
Tom Chen
Dodd-Frank re-write...what does it mean?
Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...