Hey Underwriting Gurus investing in Texas!Given that Texas property taxes are valorium based (i.e. value based) and that the appraisal of property generally increases each year, how do you project property tax increas...
I’m looking at a 5 unit property and the water bill is $415, $373, $90, $422, and $515 every 3 months since 01/2019 WTF?! do u think there’s a broken pipe or something? And the light bill(common area) double from $80 ...
Its likely accurate to assume the hardest hit by Covid-19 (economically speaking) is the low income or lower middle class workers in the service sector. Many are likely to be renters and will be struggling to make mo...
Hello BP! Drove by this house in the south mountain area today and saw a for sale by owner sign and decided to shoot my shot(for the first time). It's a 2/1 single family 1,106 sq ft, condition from the outside does...
Looking for some advice. I'd love to get into REI, however I feel like my high interest debt is weighing me down. I'm continuing to pay it off as much as possible but feeling stuck. Considering the COVID situation, lo...
Firstly, sorry for my naive question but I've never been in this position before.
I am in the process of evicting a tenant.
The current rent they owe is-
November rent- $450 + $75 late fee
D...
Good morning BP nation! I'm looking at a duplex as a buy and hold property where I would not live in either units but would be the PM.
Purchase price $150,000
20% down 30 year mortgage
Initial ca...
I have been looking at a 11 unit apartment building. All units are 2/1. I have not inspected any of the apartments yet, but the common area and grounds seem to be in pretty good shape, just needing paint & ca...
I have a 3bed 3 bath SFR for sale for 140k 15K down 125k financed @ 8 % I will have a previous note for 124k @ 3.5%- Mortgage and Escrow at Buyer wants to place cash down as soon as possible, we have a verbal agreemen...
I sent out one yellow letter and recieved a call from the seller that same day. I'm meeting today to make an offer. It's for a property in Richmond ARV is $144K and approximately $12K-17K in repairs needed. It's i...