Alex C.
Most properties selling below list price in LA have you noticed?
I talk to potential sellers every single day. I look at real estate listings every single day. I have now seen most closed listings (80-90%) closing below list price for months now. I believe we're in the middle of a ...
Eliu Rosario
MTR and ALE
Hello all, I have a home in Hudson Valley, NY. I have my property listed on Zillow, Airbnb, and Furnished Finders and have been contacted by ALE twice. I have submitted the screening questions and set my rental at $5...
Alicia Marks
BiggerPockets Book Club Real Estate by the Numbers- Part 2
Welcome to a new week of Real Estate By the Numbers Book Club! I know we have a few that will hopefully join us this week as well since their books have arrived. This is where we started diving into the math! There's ...
Colin Carey
Best Rehab Estimate Techniques
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Account Closed
Seller trying to lock me in.
So, I finally got my first deal rolling, however, the seller is trying to lock me in to purchase no matter what. Has anyone else encountered this issue? I sent him the contract and it sounds like he pretty much made a...
Sean Mills
Seeking Advice on Rehabbing a Long Island Duplex: Costs, Contractors, and Mentorship!
Hello BiggerPockets Community!
I'm new here and looking to get into house hacking by rehabbing a duplex. The duplexes in the area of Long Island I'm looking at cost around $700-800k. I'm trying to figure out what ren...
Chris Davis
Multifamily Agency Lending in the time of COVID
This is my day job, and it's been both horrifying and interesting watching our healthy capital markets gradually deteriorate into a Michael Lewis financial disaster book. Thought it might be interesting to share war ...
Angelo Behar
Underwriter won't allow me to be reimbursed
House has termites and electrical problems. Seller doesn't have money to rectify both problems. Seller agrees to repay me. An addendum is signed by both parties. Underwriter has this addendum which states, at closing,...
Steve Rozenberg
Who Benefits Most from the Length of The Lease?
Is a Lease Term Longer than One Year Really Beneficial?
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...