Keenan Patton
Owner held note, with 30k out of my pocket and rehab fees
So I have a deal I the CA foothills. The owner (which also happens to be my grandmother) has a property with 2 houses on it and an apartment above one of the garages. She is willing to hold the note for the remainder ...
Chris Martin
Insurance Claim or Not?
As a general rule, when do you decide 'yes, I am going to make a claim' regarding hazard insurance on a non-owner occupied property? With a $1,00 deductible, is there a good 'rule of thumb' for making a claim? Obvious...
Tony Frasher
Is it Ok to take a partial payment?
One of my tenants called promptly at the first of the month letting me know that they would be $300 short of rent. She is a traveling nurse and had an issue with her car. She has to have a car or can't make any mone...
Jarred E.
closing on a 9 bay self serve car wash
Does anyone have experience in running a car wash? The deal was to good to pass up and though its invariably a real estate play, there is obviously a business aspect to it. There is competition within 3 miles of my lo...
Account Closed
When you were starting RE investing what was the best tip
As a newbie RE investor (I'm barely 2 mos in) every day I learn something new and exciting. And just about every day, I question why I want to be an investor lol. It's a lot! I haven't closed any deals yet, but I'm no...
Lorenzo D Brooks
Exposure line of Credit and Refi
Bigger Pockets I have a lender who is working to get me approved for an exposure line of credit. With the line of credit the there will be an appraisal on any property I purchase and a closing in 10 to 14 days. My...
Jandy Stiff
Risk Adverse Turned Risk Taker
First post on the forums here so I figured a general discussion would be good. I am a naturally risk-adverse, perfection-oriented, control-oriented person and I'm sure there are others out there. I figure most of this...
Matthew Vanden Avond
DEPLOYED with US Navy - What should I do to prepare for INVESTING
I'm currently deployed with the US Navy to Africa. I currently own 2 duplexes and owner occupy one unit. I've also sold my first 2 unit property that was purchased 10 years ago. I'm debt free and return home in about ...
Anthony Barrueco
Any recommended literature/habits?
Hello,
I'm currently saving up to buy two properties, one an FHA 203K, and an out of state rental once I've spent my first year in my new home. The goal is
I've read the Ultimate Beginner's Guide and am almost don...
Kyle Curtin
Calculating Oil Heat into numbers?
Hi everyone!I have started to run numbers on properties daily, and have seen oil heat instead of gas in a variety of units. Would the best bet be to aquire a past oil bill for a property, or can you estimate a rough n...