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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...
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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...
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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...
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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,...
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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...
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I just lost my job after the company I was working for went under. I have the money saved up for a downpayment on a buy-and-hold, but I wont be able to qualify for a traditional loan now due to my income stream. Does ...
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Found a property in Nashville, actually Old Hickory, with good numbers thought I'd run it by my BP friends before I pull the trigger (this is my first buy and hold cash flow property). What do you think?
Appraised V...
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Ok I currently have an SFR that I just finished the rehab on. Now I have a couple of people that are interested in owner finance or rent to own i know nothing really about this aspect of real estate. In my mind I woul...
I just go my license a month ago to supplement any investments I would make going forward. I hung it under my boss, who is a commercial broker and has no background in residential, and therefore he is of no help here...
Hi BP Community,My name is Devin, just a guy from the greater Boston area (Go Pats!) with a passion for investments. I currently attend business school (Bentley University) and for about two years now I have been fero...