Russell W.
New Investor In SoCal
Greetings BP community. My name is Russell and I'm located in Palmdale, CA. I first came upon BiggerPockets while searching for an investment podcast to listen to on the way to work. The last 6 months I have been li...
Christian Smith
Exit strategies....What would you do?
I purchased a beautiful 3/2 single family back in February for 75k. Total investment including repairs, updating, and closing costs is 88k. I've done my comps for the area and figured the ARV to be 130k. I still owe ...
Jonathan Blum
Experienced investor unable to qualify for mortgage
I am an experienced investor with more than a dozen properties, a few paid off, all cash flowing, 100% occupancy, not highly leveraged (less than 50%). I have 8 mortgages (5 from banks, 3 contracts). After investing...
Christopher Boyle
New Member in Chicago, IL
Hi BP community!My name is Chris, I'm a new BP member located in the Chicagoland area, and I'm super excited to get involved in the Bigger Pockets community! The amount of information I have learned from you all over...
Elizabeth Guarnieri
Property Management Fees--from % to a flat fee per unit?
Hi--just learned that my property manager has completely changed its fee structure. Instead of a percentage based on rental income it's gone to a flat fee per unit. If I owned more expensive properties, this would b...
Zach Hawrot
Short Sale Offer Taking Forever
Over 60 days ago we placed a low bid on a house being sold as a short sale. The buyer immediately accepted. Now we just needed the bank to approve and the house was ours. Since this is a loss to the bank, they are tak...
Alisha Decoteau
Letter of Intent & Proof of Funds
Does anyone have an example of the LOI and POF? Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...
Alex Velasco
Denver Metro Area Investor
Hello BiggerPockets community! After rehabbing two properties while living in them, I'm looking to purchase my first investment property and start growing my real estate investment business. Bearing in mind that the r...
Anthony Patel
What's up BP Forum (New from Seattle, WA)
Howdy all, my names Anthony Patel and I can't wait to start connecting with the amazing network of people from all walks of life that this website has facilitated and brought together. It's taken me a long time to pos...
Sam Li
What home insurance should you set for rental
We recently started to invest in rental for single family houses and I am curious on what's general guideline on the rental insurance. Currently for a 250k single family(new construction we have), I get an insurance l...