Chase Gu
Age of apartment building
Hi - Many of the multi-family properties I have been looking at were built in 50s or 60s. Rarely did I see newer properties built after 80s/90s. Do you only buy properties that were built after certain years? I am ...
Henry Sims
Diary of a new flippers, 1st flip, Chapel Hill NC
I just closed on this 3 bed 1 1/2 bath 1152 sq ft house in Chapel Hill NC. Found it on the MLS listed for $125K. I offered $107,500 thinking that that was a really good lowball offer and they said yes! Comps around th...
Bobby Narinov
BAT a city sponsored scam in Toledo OH
I own an out of state SFR property that is managed by Flex Realty Property Management in Toledo OH.I just received a fine from BAT (Beautification Action Team) stating that I failed to abate something.I am not sure wh...
Ibrahim Hughes
'Blacklisted' by Wells Fargo for 'Flipping'?
As a realtor I'm representing an investor friend of mine who had an accepted offer on a short sale property where the lender is Wells Fargo.
The offer didn't get approved, despite it being for asking price and the bu...
Rich S.
Are my goals realistic? What is my best avenue for achieving?
Good day BiggerPockets folks! First off, thanks for a great site and all the great contributions. I have been lurking for a while, but have dreamt about real estate for years. I am currently 33 years old, with a wi...
Melissa Faraias
Should I rent to a tenant who is a convicted felon?
Hello BP community,I am relatively new to RE investing and my second rental is currently on the market. A couple in their late 50's want to rent the unit since their relatives live across the street. The woman mention...
Andrew Dincola
How much to charge a couple versus a single tenant?
Hey BP!I’m wondering what you guys might think is an appropriate rate to charge a couple for a bedroom that I would otherwise rent to a single person for $1000?The bedroom has a private bath and is coming furnished wi...
Hai Loc
US Entity structure for Canadians
I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
Will Barnard
Fannie going bye bye??
The rumor on the block is that Fannie Mae could be no more in the near future.
My question to all BP Members is: IF this happens, what would it mean to us investors and how would it affect our business, be it buy and...
Ugo O.
Calculating ARV and the 70% rule
Hello everyone,
I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV. What has been the most reliable way for you to calculate t...