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Weird questions!
Who owns above the physical land?
- Example: say I have a tree that is rooted in my yard and I hang a birdhouse off a limb that hangs right over my neighbor's property line. Is the birdhouse considered on his proper...
Cheree Harris
Loan amount based on appraised value or cost
Hi! Can someone break down for me what it means when a lender terms state: “ loan amount will be the lesser or 80% of appraised value or 90% of cost.”
Fred Helm
letters and post cards that drive traffic to my website
Hello all, I am an investor here in Louisville, KY and I have a question about direct mail. I want to market to absentee owners in my town and I see a lot of posts about yellow letters but all of the yellow letter e...
Sean Tippens
Tenant application rejections
If I hired a property manager to list and manage my property, and they have found a potential renter that meets their requirements, what rights do I have an an owner to reject the tenants application? Example: -reason...
Joe Gallo
Analyzing Multiple Deals
Hello Biggerpockets World!
Merry Christmas and Happy New year!
In this forum post, I hope to better understand how to analyze multiple deals to help me differentiate and choose the right one for me. Furthermore, I ...
Kyle Scofield
The book on rental property investing question?
Okay BP, I've got a question that's just been confusing me a bit lately. In this book, Brandon gives an example of how to calculate total return.. The equation looks like this:
Total return = (total profit / total in...
Justin Webb
Funding Investment Opportunities Packet
When putting together a funding packet or investment opportunity packet to present to private lenders, hard money lenders, family, friends, doctors, lawyers, etc. What information should I provide about the deal? Gene...
April Smalls
Construction Cost Budget Projection
When determining the budget for a new construction project, what comprises the holding costs for the build? How are these costs typically calculated? I hope I've used the correct terminology.
Ryan Glauser
Cash-out refinance
Can someone help me out with understanding cash-out refinancing multi-family properties. For example, If someone purchases a property for $1M @ 75% LTV and wants to refi, let's say, 2 years later. How do banks underw...
Brandon Kargol
Closing Attorneys
Hey everyone. I've got a quick question on the closing of a property. I've been shopping around for a closing attorney in my home state of North Carolina. I'm having issues finding an attorney that can do a double or ...