Hey BiggerPockets Community!!I am James Palovich, a local REALTOR and Real estate investor in Northern Kentucky. I wanted to open a discussion for people to ask any questions they may have. I would love to share my kn...
Hi All BP'ers-I have been one of the "lurkers" on the site for several months now. This is an amazing resource and I feel so fortunate to have found it. We own 3 rental properties in the San Fran east bay but now liv...
Hey everyone,My girlfriend and I are currently in the market for a 3-4 unit property ($480k or under) in the Chicago Humbolt Park / Logan Square / Belmont Gardens area and after 5 months or so on the MLS / open houses...
Hi,I just spoke to a local lender and was told that a 30 year fixed rate for a mixed use property is now at a whooping 5.80% for a $500K property. Does anyone have this quote as well or know any good Commercial lender...
Hi there, My strategy thus far has been buying D class buildings in B/ C class neighborhoods. I spend on average about $5k on each unit to rehab and am a buy and hold investor. I've done this to 22 units and average 2...
Seller called me today about a property she owns and wants to sell. No distress physical or financial. When asked if she would use a realtor she said no...she wanted to save on the commission.
What do you tell seller...
Hi all,Unfortunately, I am currently undergoing some legal battles with my HOA regarding the operation of short term rentals. I am considering offering a sunset clause meaning when I sell my house the right to operate...
Hi
I have seen a two unit house in a decent neighbourhood. The first floor has three bedroom and two bath while the upper unit has one bed room and one bath. The owners are selling this property and were in this one ...
Hey Y'all,
. . putting my chicken little suit on.
Since knowledge is power, better to share this with my peeps:
http://www.moneynews.com/Outbrain/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=F...
So I'm estimating expenses and trying to figure out the 50% rule. I'm an experienced flipper, but moving to buy and hold. I understand the need for CAPEX reserves (5% of GOI) and property management (8% GOI), taxes,...