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... do you prefer to prorate the 1st mo rent or change the due date? I’ve always pro-rated the 1st month but I have property mgmt software that can easily keep track of multiple due dates. I have a tenant moving in on...
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What recourse do I have if an appraisal comes back substantially lower than the contracted amount? This is for a FHA loan, so my understanding is that the appraisal sticks with the property for 6 months. The differe...
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Hey BP,In your opinion and from past experiences what is the best way to set up a partnerships and agreements to buy rental properties SFR and Apartments with others? Looking to do a bunch over the next few months and...
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Hi Experts,I'm gonna put an offer today for a FNMA property. Never dealt with this before. What factors influence their decision to sway this in my favor? Besides of course standard Cash and quick close factors.Thanks!
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Hey everyone, I'm just getting started on this new journey and I've identified what seems to be a nice first investment property. I've been using (and loving!) the rental tool here on BP to analyze different propertie...
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To buy real estate in other countries, are the expectations the same (credit, money down). Being as though I don't have much money and working to repair my credit, are opportunities greater elsewhere (canada, europe)?
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Hello Biggerpockets family!I have two investor friends that have acquired an 18-unit apartment complex under sub-to the existing mortgage. The property is in the name of an LLC. They need 10k to pay off property taxes...
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Hey investors, I'm looking for a property manager at Atlanta, found home365 https://www.home365.co/, they charge a flat fee per month and claim they take care of everything, for me the quote is about 13% of my monthly...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $255,000
Cash invested: $52,500
This is a duplex that my wife and I found, and are currently living in while...
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Hi all,I am an investor who has a real estate license in NC. I am considering doing a direct mail campaign to continue to build my portfolio.I am in a dilemma - I was wondering if people in this situation market thems...