Jonathan Newsome
Looking for suggestions/help with a seller
Hey BP! Looking for ideas or suggestions with this deal. I'll jump right into the details now. 3bd/2ba SFH w/1,524 sq ft. built in 2004. Location: Waynesville, MO (20 min from Fort Leonard Wood)The seller has remodele...
Lisa Caro
Labor-only renovation / norms on payment & paperwork
Hi! My contractor is requesting a third of total renovation cost as down payment - but I've hired him for labor only (I'm providing the supplies etc). I would feel more comfortable paying a normal labor rate as we pro...
Liam M.
Inherited a house - HELOC and rent? Sell?
Hello, I'm new to the website and I'm looking for advice. I've tried searching for posts similar to mine and figured that I'd might as well make my own post.My dad passed away in 2017, leaving me the sole inheritor of...
John Bradley
Trying to create my first investment strategy
Hello Biggerpockets community, I am a new investor from southeast PA looking to get started on my first property. I have been browsing on here and saving for the past few years.I have accumulated some cash that I a...
Akshay Wattal
HELOC to buy all cash OR 30yr conventional with crazy high rates?
Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...
Thuan Phan
Question re: Prof Prop Mgmt Co for section 8 properties??
I am considering investing/purchasing a rehabed property in Detroit, MI and renting it to section 8 tenants. This is my first time renting to section 8 tenants. Are there professional property management companies t...
Matt Geerts
Improving multifamily value in Ontario
I saw a 4-plex that was priced very well for the market it was in. I asked for the pro-forma, plugged in the numbers and it failed miserably. The problem is that the rents are about 80% of what I think that market ren...
Andy More
70% - Repairs?
I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...
Ryan McKay
At what point is it affordable? (bringing in the pro's when you have one property)
Hey folks, long-time/first-time!I'm fairly new to "the game" with one property in Murphy, NC and not quite 4 months of operations under my belt.Tax season is coming up and - as a newbie who is not yet cash-flowing (we...
Mike Schorah
Does Cold Calling Really Work?
I went Driving For Dollars and was able to get a list of 994 addresses for distressed properties. I was able to look up the names for 95% of these properties. I finished adding the names yesterday.
Today, I started t...