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Hi Everyone, I'm under contract for a multifamily property for $300k. Bank appraisal came in at $282k. Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they...
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Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
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Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
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Wow. I just read a thread where one of the responses all but called several others out in disagreement over what I thought was a stupendously mundane issue.
There seem to be a number of topics that historically rai...
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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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"If you want to grow, get out of your comfort zone."Hello all. I wanted to start this thread as a marker for the decision I made about two weeks ago after visiting family in Detroit for two weeks (and multiple prior v...
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I have been using the https://biggerpockets.mysmartmove.com for several years. and I found that even the smartmove.com claims that benefit is that tenants can get get their credit reports generated without giving ...
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Hello! I would love to get input from the BP community on this. We are working on one of our first flips, and are trying to find that sweet spot on amount of renovations to do - most bang for our buck and time. We ...
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Planning to get started with my first BRRR, so got in touch with two different companies who can bring you off-market deals:1. New Western2. NetWorth RealtyI feel both of them are little pushy for you to make an offer...
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Zillow is showing a home in the neighborhood next to my primary residence (literally one tenth of a mile away) in "pre-foreclosure" status. It states the loan is in default and even gives the foreclosure attorney's na...