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There is a seven plex I am looking at, I asked the owners for profit/loss statement, and taxes for the last two years. They are having a hard time coming up with the last two years taxes, they say they are lumped in w...
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Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $117,000
Cash invested: $6,000
Sale price: $148,500
We purchased this home because it was in a...
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Hello guys!!!Question for lenders,What are the requirements to refinance a rental property? I only owe $30k on it and would like to refinance for a better interest rate as my credit is perfect now and was not when I f...
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One of my first inquiries on BP, two years ago, Avoiding Bias. How do other investors do it? (biggerpockets.com), yielded more advice than I had anticipated. Since then, as an investor, I have remained interested in t...
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Been managing 15+ units under my families residential properties for almost a decade now. Considering getting my Real Estate Broker's license to begin my own local Property Management company and take on clients of my...
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Hello,My first ground up build will be completed by end of month.My builder states that he’s only providing a 1 year warranty “for any defects or bad workmanship”. Is this standard?What’s the typical industry standard...
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Article from March 26, 2014:
Single-family rental home giants form trade group
How do you know when an industry is getting serious?
When it forms a trade group. And that's what the burgeoning busi...
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Construction deliveries in the first three quarters of 2023 reached almost 27 million square feet, surpassing the 24 million square feet delivered last year. This year's construction deliveries contrast sharply with t...
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In two years I plan to pull equity from my home, rent it out, and purchase another to live in for two years.. Then repeat the process.. Does anyone have any experience of getting into real estate this way? What are th...
Hey, BP fam!Would love to get everyone's two cents on my current situation. I purchased my first property, a 2 bedroom canal-front condo in Pompano Beach FL, this past August. I bought it for $165k with 30% down, and ...