Jill Peterson
Should we pass on a well qualified applicant?
We received an application for our ADU rental from an extremely well qualified applicant. After meeting this applicant we became concerned because they had so many ammenments they wanted to make to the lease (the leas...
JayCinta Henry
TOTAL INITIAL EQUITY
In the Rental property calculation report how is the TOTAL INITIAL EQUITY arrived at? Quick snap shot is cost 110,000down payment & closing 12000rehab 30,000ARV 170Rental 1450/monthTOTAL INITIAL EQUITY in the repo...
Account Closed
Short Sale objections
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
Ian Tyndall
Deal / Property Analysis - How to maximize revenue potential?
I am under contract on this property in Glendale, Arizona. I am bullish on the location and the building. The revenue projections seem reasonable to me because I have another STR in Glendale with 4B2B that is on tra...
Brian Seggebruch
Critique my first analysis - looking for feedback to improve
Hey everyone, not sure if this will work properly, but I just analyzed a deal with the BRRR calculator and I want everyone's feedback. I'm going with: no this isn't a good deal, but I'd love to hear what others think....
Syed Shah
Rental Tours—First Time Landlord
I am looking forward to get some experienced advice and feedback here, since today was my first time touring a property with prospective tenants. Here are few questions and would truly appreciate some insights.1- Is i...
Ryan Rabinowitz
Advice for a College Graduate Starting Out in Real Estate
Hello Everyone!I recently discovered the BiggerPockets book series and website. I am currently reading the book series and learning everything I can. I'm really glad I found it because I have been interested in real...
David Sorrells
Owner Financing Thoughts - Dallas, TX
Hello all,I am a local investor and Realtor® in Dallas, with my first ever post! With any luck there are some local owner financing experts that don't mind giving me some pro tips.I have a new property that I could f...
Kyle Clevenger
How do I approach an owner for owner financing?
I think I need to start with a small background so the question might make sense. I recently bought my second home and am able to turn my first one into a rental. The tenants I've found are actually friends and neig...
Colbi Ight
Refinance rates and fees
I recently had an independant mortgage broker send me a fee sheet on a house I was looking at refinacing. The home is valued at $155K and I was going to pull $116k out. I have excellent credit and ZERO debt. My bank s...