Scott Bowles
Due dilligence question
Good morning everyone,Quick question on financial due diligence, we have an accepted offer on our first actual commercial property (8 units), the financials they sent looked good, but how do you guys verify what they ...
Ty Hines
How We turned lemons into lemonade
Hello to All,
This is a success story only made possible by BiggerPockets. Recently I made a post about a finance program that Im a broker for here in Atlanta. I later was contacted by a young lady who also ...
Carrie Giordano
Cost of cashing out -Brrrr
I'm going over my options to cash out on two properties. I spoke with a few local lenders today and was a bit surprised at the cost to refinance. I would love other people's opinion on the current going rates. The len...
Luke Miller
Seeking advice on a 8 Plex deal using rental properties calculator
Here's a 8 plex I've been looking at in San Jose,Owner is asking 2 Million and has rejected 3 offers 1.7 mil, and 1.8 mil.The property is located right off of the 87 in S. San Jose. It is close to a large new apt or c...
Marlena Cooper
Newbie, problems beginning.
So recently I received two calls from motivated sellers, I am a newbie investor and I began marketing a few weeks ago and it is actually working. However, I am having a hard time following the rule to at least look at...
Phat Vi
Analysis on a 4-plex in Fresno, CA. Is the math correct?
Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
Wayne Mack
BRRRR Strategy Question
Hi everyone!I have a question regarding the BRRRR strategy, it has really caught my attention and I believe this is the entry strategy I will employ! The phrase actually made me laugh a few times last night during the...
Michael Temple
Analysis vs. Offer Strategy
I want to collect some input from other investors on the best way to handle the strategy of analysis vs. offers. Here is what I mean. Every single day I get leads sent to my email from my Realtor, Zillow, and Trulia. ...
Michael Ritrovato
Should I sell or keep my rental property
So here are the details on a rental property I currently own. I bought a single-family home back in 2007 with a VA loan. I am currently renting it out for $950/month. My mortgage is $822 but I pay $950 just to pay ove...
Ian Kibbe
Finishing Basement - Considerations - Addtl unit or Duplex?
Hello all, Longtime reader, first-time poster.We have a classic Chicago 2-flat in Bucktown. We live on the first floor and rent the 2nd.
Both units are 2bd, 1bath, ~1100 sq. ft. R4 zoningBasement is about ~1050 sq. ...