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A while back I posted my ideas about partnering up with my fathers company to create some equity by renting out units to the employees. Fast forward almost a year later and I took people advice and I'm not doing it. I...
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I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
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I keep reading that when you assign a contract everyone will know how much you are making.I do not understand how.Please tell me if this is valid.Lets say I have a property under contract for 100KI am selling the cont...
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Hey there Team BP! After months of following along the BP threads and webinars, it's time to make things happen. Can't thank the community enough for helping me to this point. Been analyzing some multi-family homes in...
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I am getting a ton of calls about performing loss mitigation work for home owners... To all of you doing this work who pays your fee??? Banks ot Debtor??
What are the fees?? $100s or $1000s.... I am not an agent and...
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Hello everyone,Me and my wife own a single detached bungalow (~1200 sq.ft) built in 1976 in Woodstock, ON. We have been living it for 2 years now. We purchased the house when the housing market was at its peak(high 70...
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I got myself ready, I read all the books, I opened an LLC, I set my criteria, I have a realtor. the only think I don’t have is a house! I’ve made several offers at asking price, even offered cash. All rejected. First ...
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I don't want to make this very long, so I will try to bullet this to keep it short. -Newbie in Washington D.C. inspired by the idea of using an FHA loan to purchase multi-family while living in a unit. -Found a 4 unit...
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Hello BP Patrons,
This is my first post on BiggerPockets; which might lead one to think I lack the motivation to be a better businessman. I swear to you that's not the case. Although I might be the last person to a...
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I want to make sure that I’m not missing out on something/a good buy. I’ve looked at it 10 ways, and I can’t see where I’m missing anything.My realtor sent me a canceled listing and told me that the owners had wanted ...