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Good day, BP,I’m trying to understand why hard money lenders keep turning me down on my rehab project. The deal:Paid 60k cash for house needing total rehabAnticipating needing a loan of 150-175k with an ARV of about 3...
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Hi BP,
Is there really a such thing as a private lender? From what I understand, a private lender in a person or group who evaluates deals and lend their own money to a borrower. What I frequently observe are hard mo...
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Hello, so I had my fourplex tested for asbestos and they have found it in a couple of areas. This is in one unit of the fourplex so I'm assuming there is more in the other units. This will likely blow up my budget a...
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I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent? What...
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Hey guys I am a huge fan of BiggerPockets and this is my first post on the forum. My questions refer to starting out with rental properties. I understand that the market is significantly inflated right now making it h...
Hi there!I'm a software developer based out of San Francisco who has recently become interested in property management. More specifically, I think it might be possible to use technology to build a more modern propert...
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I am 17 years old and very new to real estate investing. As I listen to more podcasts, read more books, and watch more videos, I have more and more questions. The following are things I heard or read that I didn't und...
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Hello! We are closing on our first out-of-state investment. How do you handle showings for prospective tenants from out-of-state? We would prefer not to use a property manager, and our realtor is charging one month's ...
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Hi everyone,
I'm looking to purchase a home with an attached ADU (permitted). There aren't even really separate entrances to the place, unless you count the sliding patio door and the ADU / house are not separated (y...
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Good Afternoon,This is lengthy...thank you in advance for your thoughts and insights!
I own a 2 family home in Boston Ma. I've owned the home for 8 years. It was built in 1930 and a total fixer upper. I've been doi...