Hey BP!I've had what seems to be a great opportunity for purchasing a vacation rental fall into my lap. This rental property is a condo in Pentwater, MI with an included boat slip that has less than a 5-minute boat r...
SO I've got an appointment with a seller tomorrow, and I'm wondering what the general consensus is about rural properties? The basic scenario is this: Lead came from the tax delinquent list. Seller owns 4 parcels a...
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...
Hi,I'm a college student who has been looking into getting into real estate investing for a while now; I feel drawn to buy and hold/BRRR, specifically. I just transferred to Cal Poly SLO from the Bay Area; now that I'...
A termite company found extensive termite damage on the deck of our house and is offering to do a repair/remodel and bringing it up to code for $15,000. Our deck is very old and needs a lot of work, but this still see...
Greetings friends,I am a newcomer here to Bigger Pockets, I've read several of their books over the last year and decided it was time to join officially as a paying member. I write this post today as I'm feeling quite...
Was meeting with a person that I feel will help me on my real estate journey and he suggested that I review Loopnet to get an idea of what multi-families are on the market. Wondering if anyone has used this and what t...
I am considering buying my first rental property. The property is a duplex in Urbana Illinois. It is listed at $79,900. It is located near shopping, restaurants, school and bus lines, for easy access to the University...
HI BP! Does anyone know how a bank's appraiser concludes cap rate in deciding property valuation? My NOI/purchase price puts cap rate at double(!) the market cap. Will a bank use the lower market cap rate to appraise,...
I have a tenant who has been renting for 2 years. Have had some issues, but nothing major. The second lease was for 8 months and has expired in September. My lease defaults to month to month. I have been tryi...