Paul Ellis
Does HOA allow home to be a rental?
Hi all! I'm a bit confused by my HOA's CCR's, trying to clear up if they allow for me to convert my home into a rental when i move out, looking over the CCR's i see two statements saying different things."Residential ...
Robbie Case
Working on my first deal
Here are the details:
Asking price=62,000
ARV=~85,000
Tax assessment value=88,000
Taxes=2,056 (last year)
Repairs=10,000
The negotiations have come to a halt at 50,000. The seller is firm at this price.
I'm looking...
Matthew Cassidy
Creating a Asphalt Parking lot from Scratch
Hey BP,
I'm in the process of acquiring a 6 unit complex in the midwest. The building sits behind an alley where it is common to add parking from the alley to the back. There is a backyard to the property that we w...
Matthew Charron
Looking to potentially invest in Mobile Home Parks
Hello BP Family,With some unexpected occurrences as life typically has, moving to a new state soon and meeting new partners/lenders, it may seem to be that investing in Mobile Home Parks could be on the horizon for me...
Paul Sandhu
Thawing frozen water pipes?
This is an appropriate time of the year for a post like this. How do you deal with frozen plumbing pipes in your STR?About 12 months ago I had 3 houses with a frozen main water line. There was no water coming from an...
William T parkerIii
Is it better to buy or wait till it's perfect
Is it better to buy and sit on a property you consider a great deal or is it better to wait until the situation is perfect and potentially lose out.
Bruce Woodruff
Theoretically speaking.....max down or minimum down...?
So let's say that you had $500,000 cash to use as a down-payment.....You want to purchase a $1 mil multi-family building.... Would you use the $500k to get a 50% down and lower payment? Or split it in half and use $2...
Peter Cunningham
New to RE Investing in the Houston Area
Hello BP Site,My wife and I are new to RE investing in the Greater Houston Area. I am employed full time and looking for a new investment vehicle outside of mutual funds, stock and bonds.We just purchased out first h...
Maya Dib
Leaning on buying the Duplex that I currently live in..
Hi everyone,
Brief background, I'm Active Duty Military and I'm currently stationed in NYC. I've been renting an apt in a duplex for about two years now and will be moving out next month. My landlord recently knocked...
An Duong
Steps and costs to start a Real Estate Brokerage?
Hi Bigger Pockets Community,I'm a licensed MA broke. I've been a licensed RE sales person since 2004 and I am now a licensed attorney so I have my broker's licenses as a result. I am wondering what are the steps, pr...