Michael Chung
Keep shopping for lenders after pre approval?
Hi all,
I am a first time home buyer and currently lender shopping. I already have a pre approval letter from one lender. Should I continue to shop around and get additional pre approvals, or should I start looking...
Jon Schwartz
Reasoning behind reversion cap rates?
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
Sasha Fukuda
Am i being taken advantage of with insurance?
So, i bought a triplex in Keene, NH in March of this year. This is my first property, so it's all very new to me. My insurance agent gave me a great quote on the house that was cheaper than all the competitors. I ende...
Account Closed
A twist on Leverage v Cash. I know, I know, but... hear me out
An age old debate, but… with a twistHello BP, I am new here so 1st off, hello! I’m hoping to get a little advice. Well, in a round about way.This is a hypothetical (and over simplified) question with relative numbers....
Adam Sheren
How I got paid to buy a 10 unit
https://www.biggerpockets.com/blogs/10278/67324-how-i-got-paid-10k-by-purchasing-a-10-unit
Zachary Feldman
Recession Biggest Opportunities
Hi All-I am sure others are feeling a shifting in the tide as things continue to be overpriced, increasing interest rates, and return metrics continually become more difficult to hit. I was hoping to get some discuss...
John C.
Rental demand up dramatically
In our neck of the woods (Metro Atlanta) rental demand is through the roof. We have a waiting list and cannot answer the phone fast enough. Upward pressures on rents have enabled us to send out "rental increase" le...
Amit Patel
Buying from Wholesaler - Advice on steps to follow
Buying my first place from a Wholesaler. Agreed on price , now not sure of next steps. 3-family in NJ.
* I have contractor ready and he said he will pull all permits,etc. doing a phased contract where we make payment...
Lee S.
1 property or 2?
I wasn't sure how to start the topic, best title I could think of. I'll be buying my first rental in the next 2-4 months, spending the time between now and then reading/researching as much as possible and getting som...
Michael Randle
Newbie Needing some guidance. Denver/Aurora
Hello Fellow investors.I am running into some issues getting a second property and I am hoping for some guidance from the locals with feet on the ground doing deals. I have been looking at houses with an agent off the...