Coco Poyet
Inflated Sale Price on Reno Loan
Hi BP community - My husband and I received the latest loan estimate for a house that has a purchase price of $261k and total reno of $26k or $287k total. The lender is considering that the total due to the seller is ...
Morgan Roddy
Using a Construction Loan to Build New Garage with ADU on Top
Hello everyone! My name is Morgan and I am a Colorado Investor. I currently have 4 properties and am looking to expand.
I am looking for ways to make my primary home cash flow and my favorite option would be to buil...
Richard Davis
Emotional Gut Check for a Rookie Real Estate Investor
So, I just started listening to the podcasts BiggerPockets and Real Estate Rookies to and from work and any time I am in the car. I read Rich Dad, Poor Dad. Now reading The Multi-Family Millionaire Volume 1. I am abou...
David Lauka
Feedback on my 5 Year Plan
Whatsup y'all!So I'm pretty excited about making a splash in REI and wanted to share my 5 Year plan and hopefully have some of you pro's critique it and provide sound advice. I've got a great realtor, property manage...
Keeton Byerly
25% Expense Ratio - How to I get it?
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
Christie Snapp
You think you're adding value to your home- but your really not
I just read an article on yahoo finance called "6 things you think add value to your home--but really don't" (posted on the bulletins).
#2 on the list is "overbuilding for the neighborhood." Now, this article is dire...
Luke M.
Potentially first SF rental? Advice appreciated!
Single Family would be 3 bedroom 1 bath in basement with the egress window (only 2 bd now)
Clean house, newer vinyl siding, roof is nice. 09 waterheater and 2002 furnace.
foundation looks good.
Ca...
Shane Waller
Chance to purchase a double wide is it feasible?
I have the chance to purchase a 97 oak wood double wide. The interior needs a full restoration. The exterior is in ok shape. What is a good price. 1600 sq 3brooms 2 baths. It will need new Ac unit also. I can do all ...
Steven Holiday
Refi with a Big Bank
Hello BP!
I have an issue I could use some advice on.
Smart money about a year ago was that the rates were going anywhere but down. So about September of last year, my wife and I refi'ed our Single Family Ren...
Braxton Warren
ROI VS Cash Flow- Need Advice
I am under contract on a condo in northern Colorado that will be my first rental property and I am working the numbers and would like to get advice as to how much I should put down based on ROI vs Cash flow. ROI is ba...