What would be the start up costs to open a Property Management company?If anyone has started one and would like to chat let me know!
I'm looking for some lenders that do not have a "due on sale" clause. In other words, lenders that will lend money on a property then allow me to sell the property as an owner finance. Thanks
what sorts of extra due diligence would you be doing on a 100 unit property vs. a 10 unit building or something smaller? i've seen and heard of phase ones....what is the phase one environmental report, and why is it ...
Hi BP:Recently I was told always to check the state issued GIS wetland map (I am in NJ) before buying any properties, so I started doing that just out of curiosity, because I thought all the already approved and there...
Hello All, For those who don’t know, the Washington State Supreme Court Decision “Hirst vs. W. Washington Growth Management Hearings Board”, known simply as the “Hirst Decision”, has effectively put a halt to all new...
There are a couple lots near my Dad's house that were foreclosed on by a bank. It seems like lots in the area typically spend months on the market.I know for houses banks typically have a formula where they expect to...
Hi Bigger Pockets, long time listener, first time poster here!I currently have a property under contract that has 2 duplexes on it (4 Units total). Each unit is occupied by tenants that have leases with several months...
I am a new pro on BP and new to REI. I am looking at my first deal on a multi-family that has existing tenants. What is done with the deposits that the current owner has collected, so that if I buy the deposit refund...
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...