Scott Kane
Team Building in Michigan Market
Hello BiggerPockets,
I am fairly early on in my investing journey and I was curious if anyone has had any recent activity or current experience in the Lower Peninsula of Michigan? I am originally from there and would...
James Allen
Advice on dealing with Lender needed!
Ok, so I have an offer in on an investment property right now. I'm having a dilemma because I got pre approved for a 15% conventional finance loan on an investment property going for $179,000. I have a total of $42,00...
Tarcizio Goncalves
First rental property
Hi everyone, I just created an account with BP. I've been reading alot and I am very excited that I found this website. I was hoping you all could help me out.I live just north of Boston, Massachusetts. I love MA, par...
Darius Moezinia
Capital Gain and 1031 exchange
do you have capital gain tax liability if the purchase price of the new investment property is less than the net proceeds of the one you are selling in a 1031 exchange? (Net proceed, includes Escrow fees, Title, 6% sa...
Will Byrne
Question about possible first deal on duplex
Hi,I'm looking to buy my first duplex and I would greatly appreciate some feedback on the numbers below. The duplex is listed at $200,000 but I wouldn't accept anything above $175,000. The numbers below would be if ...
Nicole Jones
Vacation Rental Business Plan
I am in the process of beginning a business plan for a few private lenders. This is for a vacation rental business in a huge tourist spot in California. From the lenders perspective... what would be the most important...
Larry H.
Multiple Duplex Deal
I came across a deal on 3 duplexes owned by the same person. They are 3/2 and rent for $700/month, so $1400 per duplex. The list price is $80k, but they need work so I would try to get them for less.I have 3 mortgages...
Shaquetta Chittams
Multi-family with No Comps but Cash Flows
I'm looking at a duplex with an asking price of $159,900. I did my numbers using the HOLD worksheet and it appears to cash flow about $600 a month. HOWEVER, the only comps are for significantly less but they aren't re...
Candace Jones
Estimating a property
How do wholesalers estimate the value of a property? Is it based off of sqft, the condition of the home, what other houses were sold at in the area? How do put a price on a home selling as "as is" for a wholesale deal?
Lisa Jones
Professional or out of control?
I am the property manager and I am the 'new' person in the office. They allow tenants to do sooo many things I am appauled by. Today... a tenant comes walking in with a freezer full of food and wanted to store it in o...