Some quick background: I contacted a man headed to foreclosure back in April 2020. It was a nice SFH, probably worth $300k. He met me and showed me the inside, nothing wrong with it. His wife passed away in the hou...
When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
Hi, I am new here, new in RE in general, and I have a question, if there is anyone local from Akron I would highly appreciate the input. I am in FL looking to buy an investment property in Akron, the University area c...
I'm just starting out. I have an offer on a duplex. I'm set to receive the rent rolls and lease agreements. What steps did you take to verify the information? Did you bother with estoppel agreement?Were there other s...
Can anyone enlighten me if I can get a cash out refinance on a Condo purchased for $55,000 cash in DFW? ARV will be a solid $85,000. I'd like to pull $50,000 back out in a few months. (I'm waiting to hear back from th...
Hey BP,My name is Brad Hunter and I'm excited to be joining this awesome community you all call BiggerPockets. I live in Alexandria, VA and have been consulting government agencies for the last 10 years within the IT ...
Hi, this is my first post. I was told by a broker that nowadays foreclosures and short sales don't provide much of the expected discounts from retail price. For places like south bay where average 3 bed 2 bath house i...
Hello BP,
My parents and I need help. Well to start off I'm fairly new in the Real Estate world but I understand the potential in owning real estate is to develop Cash flow by renting it out for more than the full m...
I am thinking about buying a new home with my 1031 money. House with be ready in time for closing. Agent wants to do paper work in my name. Then put my LLC on the title. Is this correct? My 1031 exchange is in my LLC ...
Hello BP community,
I'm trying to find my first private deal in Ontario,Canada and need your guidance.
Since we don't have the list of homeowners whom we can cold call in Canada, here are the marketing that I've d...