Ryan Fatula
Tentative on buying properties with enclosed patio/porch or garage
I come across many properties I am interested in that have an enclosed garage or patio/porch. I typically tend to stay away from these for my fix and flips, but I need to figure them out so I can tackle some of these ...
Elliot Marszalek
Renter vs RTO mentaltiy
I've just recently started reading up on RTO programs and was wondering if anyone with experience in this could weigh in on my thought process. Typically renters don't keep up the property very well and many repairs n...
Joshua Parker
How to find projected property tax in Kansas City
Hello everybody. I'm fairly new to Bigger Pockets and real estate in general. I am looking at buying my first rental property, out of state, through a turnkey company in Kansas City soon. After I get a little more e...
Shervin Sepehri
How to Negotiate the Sales Price Down for a 7 Unit Multi in MD
The list price of this property is around 350K and the current NOI is abysmal roughly 17000. 3 of the units are vacant 1 unit is "rented" to the current landlord's son (rent free). Bank offered us a 15 year amort 6.25...
Tzook Bar Noy
1-2% rule, got 1.23% but it still looks like a bad deal
I have a deal that on the bottom line will cost: 85Krent is 1050$ monthly,a year = 12600and expenses:- manegement - 10% rent = 1260- insurance = 800- tax = 1300- fixes 10% = 1260- vacancy 10% = 1260total income = 1260...
Wendell De Guzman
How to Wholesale Land from a Desperate Developer?
I am an experienced wholesaler but I have not wholesaled land before.
Someone approached me with a land development gone "bust". The developer did not finish the project and ran out funding (he prioritized other devel...
Mike S
Under contract on occupied duplex, what next?
This is our first deal that we've actually come to an agreement with a seller and we're in our inspection period. It's a 2 bed over 1 bed duplex that has been rented by a mother and daughter since March 1st of 2013.
...
Rhonda Wilson
How to find age of roof?
I am buying a house and the owner doesn't know the age of the roof and when was replaced. Can someone offer any suggestions on how to get this information?
Franchell Bryant
Hard Money lending ,FHA Or Conventional Loan for first rent prop?
Hello everyone! I need advice on which type of funding to use to get my first rental property in Houston, Texas ? Help please. I have information overload and just need to get started.
Isaac Hayes
Influencing the Appraisal Price
On my first deal in Columbus, Ohio, the appraisal came back at the exact purchase price. My understanding is that the lenders usually want the appraisal to come back at exactly the purchase price so buyers aren't allo...