I decided to write a column about my own experience putting some of my investment properties on Airbnb, so that you too can learn from my mistakes, understand what a good rental requires, and learn some of the horrors...
Hey BiggerPockets,I have retirement money in a few places but they are mostly stock based. Lately stocks have not been performing that well. In an effort to diversify I would like to invest in real estate. Turnkey ...
Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
Hi all! I've been reading up on BiggerPockets and I'm very interested in investing in real estate, specifically within the Denver area. My goal is buy/hold/cashflow to eventually be able to REI full-time. My plan i...
The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...
I took some action over the last couple of days and drove around my neighborhood looking for abandoned houses. I found 20. Yesterday I went to the tax assessors office to get a much info about the properties as possib...
IntroductionThe saga started almost a year ago (September 2014). The relationship with long-term tenants we inherited two years prior had been sliding sideways for some time - their unit was the only one we had not r...
Can someone explain how you go from a hard money loan to a conventional? I found 2 shells next door to each other that need complete rehab for $30k and 70-80k in repair. This property will be considered commercial ...
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
Just wondering the process that others do.
Do you charge every time, do you give leniency?
Do you ever waive fees?