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We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
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I have a home that has an absentee owner... it was wholesaled this year... keeps getting code violations...I could live in this house as my first home and hack. It’s boarded up... still nice with needed rehabbing of c...
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Hello RE geniuses,Story below, but here's the main question: If we were to go through with it, what is the best strategy for a medium-income family to purchase an expensive short-term vacation rental?Here are the deta...
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Im 36 years old and have built my business on sales. Im a real estate broker by trade and have spent most of my career helping builders and investors buy and sell houses. In the past 5 years my business parter and I s...
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What percentage of monthly income do you budget for repairs? (Small multi unit family)
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When @Tom Sharkey and I first started our STRs, we would collect the weekly garbage and take it out on 'trash days' to be picked up. Now we have several units (trash days are different) and don't have the time to go u...
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I was talking to a man a week or so ago, and he said that his friend used to buy properties that were a few days prior to foreclosure. He said it kept the bank from having to execute the eviction process, it salvaged ...
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Hello guys,
This is my first post on the BiggerPockets forums. I'm looking for some advice/insight on HOA management in the Pigeon Forge/Gaitlinburg area.
A little background--I'm the owner of two new construction ...
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Hi all ...First stab at residential development, and I'm working on a small, 14-lot neighborhood of all SFHs. The design and permitting is complete, and we're awaiting the 4th and prob final contractor to submit their...
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Hello,I have found an investor who is willing to sell his portfolio to me. He has 19 properties (18 single family and 1 multifamily with 3 units) in the state of Ohio. I currently only have 1 rental and my personal...