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So i'm about to make a offer on a property in Atlantic city. I own a home in New York. I have been told by several people in Atlantic city (real estate agent, home owners other investors) that in NJ at closing you onl...
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I'm looking into getting my first buy and hold. After looking for multifamily properties a casual conversation with a coworker turned into the potential for me to buy an apartment building from her relative. He...
In May 2916 I bought a condo in Tuscaloosa, Alabama which was my first rental property. I have been meaning to do it for years but just wasn't sure and I just kind of jumped into it because my numbers worked. Cash f...
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I have been following the market in Salem, Silverton, Woodburn, Mt. Angel for about a year now. Every property that comes up I run the numbers and I can never make the math work. I did put in an offer on 1 property ...
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Hey Biggerpockets Members,I am currently in the process of renting my first home that I purchased. Below is my analysis.Mortgage, Property Tax, Home Ins.- 830HOA- 80Garbage- 15Lawn Maintenance- 25 Vacancy- 10%Repairs-...
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Hello everyone, this is my very first post. I am pretty well educated on a lot of the terms and about REI in general, but I am still confused about the 50% rule and some of the math. Since I over analyze everything, I...
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I've been driving for dollars, writing down the addresses of distressed properties - the ones that stick out like a sore thumb within a neighborhood of nice/really nice houses.
I get home and look them each up on zil...
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HI BP Community - I have contracted a house for my first flip in Arlington, TX. I got it from a larger wholesaler and the margins are thin, so to get the best return, it needs to be “nice” - have a little bit of that...
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Hello BP community!I have been in my education phase for around 4 to 6 months and am an obsessive learner. I want to transition to the next phase, which would be to put my boots on the ground. I initially talked to ...
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I am a broker and I have a client that wants to change lenders due to terms of loan not being what they originally said, what other lender will take his existing appraisal?