My mentor taught me to calculate the CoC with the interest only payments of the loan (not principal reduction). Now a friend of mine said it should include principal part of the payments on the CoC. Since commercial l...
Hello!
House hacking will be my fist investment option in real estate. I am a health care worker, I have little to no knowledge in real estate, I am here to learn. Any recommendation on best credit score for i...
I have a unit becoming available this month in San Pedro, CA and plan to hold an open house for prospective tenants. What do you use to run credit/background checks? Also, any advice on where to obtain a good rental a...
Good day BP community,I am interested in completing my first BRRRR deal, but I am uncertain on a couple of things so I will lay out the scenario below. House is appraised for 290k purchase price sjhould come in at 19...
I'm in the process of selling my rental property. Realtor showed it to a buyer and we have an accepted offer signed. Now the tenant is not working with my realtor to get inspections scheduled and done. Tenant claims ...
Hi BiggerPockets Community!My name is Martin and I working towards purchasing my first rental property. I am based in NJ, but am targeting the South Bend, IN area for my first rental (primarily interested in long term...
Hello all,I am looking forward to starting my first flipping project. I am currently located in Central NY (upstate) near Syracuse. I allocated a 140K budget for my first flipping project. My first question is: Which ...
I just remodeled one of my rentals (tore down to the studs everything new). My new tenant has moved in and has been in the house for about 6 months. I have noticed the few times I have been called to the house to t...
I'm a new investor and working on rehabbing 1 bedroom apartments in a 12 unit building. For the kitchens I'm able to salvage the cabinets thank goodness but not sure about upgrading to granite vs going with Formica. I...
A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.
Now, I'm a big fan of Texas but the first thing I said to him was the weather is HORRENDOUS. Anything simi...