Tomer Sonsino
reSimpli Amazing direct mail service!!!
Hello fellow BiggerPockets members,I feel it is my obligation to share with you my fantastic experience with reSimpli since that is how I found out about them in the first place - through a BP member's forum post.@Sha...
Brian Keeler
What‘s your ecpected ROI on renovations?
My colleague suggested the following as a loose rule of thumb for ROI expectations on general upgrades:Ex:For $100 rent increase:$100x12 mos= $1200$1200/20% (ROI)=$6000Conclusion: $6000/door = $100 rent bumpDo you agr...
Luiz Souza
What goes around comes around
http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI
Tim OConnor
Owner Occupied 4 Unit Apartment Complex - Financing?? Help!
Hi everyone,I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know ...
Ardie Mansouri
New guy - St. Louis, MO
Hi all! I've listened to about 20 podcasts, and I am finally giving in and joining the forums! I'm a 28 year old Structural Engineer living in St. Louis, Missouri and am starting to get very interested in REI. I'm ...
Jim Smith
rental property to 2nd home
I own a rental in southern California and want to 1031 exchange it for raw land then build a 2nd home in Arizona, at least, that's what I want to do. I'd like to set up the new AZ place as my permanent residence and w...
Marco Jove
Bank conditions 0 power of negotiation and NO inspection period
Dear Friends. I have found a property that I think could be a good flipping deal. The house need lot of work but with great potential. The property its a REO that have been listed for over 1 year. The bank that its se...
Jacqueline Coombs
Land contract rental purchase?
Hi, all. I am relatively new to this. Just bought my first rental property a month ago. I now have an opportunity to buy a LC package deal with 2 homes ( 2/1 and 4/2 duplex and 4/2 SF) for 185k, 6% interest with ballo...
David Hald
1st Property under Contract! Rehab work sequence questions
Hello All,So I have finally gotten a duplex under contract! I am an overseas investor, as well, fyi.Before renting, I plan on hiring out to qualified people the following work:-re-glaze all 3 tubs, repair 2 tub surrou...
Mariah Toulouse
Condo for Parent: Buy Cash, or take Mortgage?
Hello all! I suppose this is my introductory post, so here's the introduction: My name is Mariah. I'm originally from Seattle, but currently live in Houston with my husband (who is originally from Detroit), our beaut...