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so I bought my first rental property, I rehabbed it and put it on the market about 2 weeks ago. I have been flooded with interest in the property. So here are my questions:
How do you all host showings? Set...
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Lets say you aquire an inherited property that’s paid off. It rents for $3300 a month but with taxes, insurance, HOA, PM, maintenance and vacancy % expenses, it only cash flows $1950. Sounds great but it’s worth 600k-...
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Here's the scenerio...
We found an abandoned and burnt house that had been recently remodeled. Went into foreclosure and the bank owns it. We want to know...1) - how would the bank sell this burnt house to us, 2) - h...
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Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
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I've been looking at homes in the Poconos/East Stroudsburg area of Pennsylvania. The properties there seem to have taken a huge dive and not recovered well. I am look to capitolize on the drop and buy my first home fo...
I'd be interested in hearing from members who have purchased or sold properties subject-to existing mortgages. What's the longest time you've kept the existing lien in place? What agreements did you make as buyer or...
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I'm learning a TON about the mortgage game. Theres so much that hoes on behind the scenes with mortgages being bought/ sold, etc.With all this craziness, I just had the thought, are mortgage rates negotiable?I've call...
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Welcome to our first ever BiggerPockets bookclub! This will be a chance for us to talk about what inspired us, where we have questions, and how we can become more effective investors. Please note our forum rules (foun...
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What is your biggest pain point with STRs right now? We are working on more resources to help new and experienced hosts here at BiggerPockets. Real feedback of struggles or topics people want to dive in further helps ...
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I've been reading David Greene's BRRRR book and have sort of accidentally been using elements of this method for years but have a new scenario with lots of moving parts and thought I would throw the variables out ther...