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After reading multiple books and watching multiple YouTube channels the words “assemble your team” continue to appear. The people that are deemed to be apart of a real estate team are as followed : Mentor Mortgage Br...
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First of all, thank you to everyone on here for the incredible information and being so open about your experiences. Hopefully I can help someone else while being open with my process. Below I will be recapping what...
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When an inspector finds Deficiencies in a home that need to be fixed (thats put in their report), who ends up paying for these deficiencies? Is it the seller?
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Hello BiggerPockets,
I've been following the site and reading posts for some time but I figured it was finally try to post something and get some feedback from the good folks on this website. My girlfriend and I are...
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Hey Everybody,I'm Dan and I'm from Chicago. I've been looking to buy my first rental property for awhile. I've come across cash-flowing properties in the past, but I'd get cold feet. I'd do my homework, but I always f...
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I'm talking to a homeowner that is trying to sell a SF rental without an agent. The numbers show decent positive cashflow even when I'm generous with vacancies, repair/maintenance, insurance and taxes. Its an easy ...
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This post is long, you've been warned.
Here is the orginal deal:
Purchase - $75,000
Down - $18,750
Mortgage - $56,250 ($285/month @ 4.5%)
Here's where things get a little more difficul...
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Hey everyone, I'm new here & couldn't really find the answer to my question(s) so hopefully I can get some feedback/pointed in the right direction.
Me & my friend recently started a company buying homes to le...
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I see so many newbies come on here to BP and say that they want to invest in multies because they are "safer" or "lower risk". I suppose that the general thought process goes something like this: "well, when I hav...
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Hi all. I've had a 2 family house for 24 years. My father lived in one half until a year ago when he got sick and went in a nursing home. Never had to really deal with renters before. He paid his own bills and I h...