Andrew C.
First Real Estate Deal in Cambridge MA
Hi BP Communtiy, as promised, I want to discuss how i fell into the real estate industry with my first family "deal"My grandparents have lived in Cambridge, MA (10 min walk to Harvard Sq) for 50+ years in a duplex. An...
Chris Roche
Background checks for new tenants
Hey all, What measures do you take before renting to tenants? How do you do background checks? How do you do credit checks? Any advice would be appreciated.Also, how do you collect rent? Do you have a check mai...
Kapil Patel
Pull out appreciation to break even and/or buy 2nd property
Hello BiggerPockets friends,I guess I need some help in understanding the benefit and strategic advantage of cashing out appreciation on a property and using it to buy another property.If I appraise a property, I am b...
Jason Schmidt
Is renting out property really a good idea?
I have come from the school of thinking that flipping property is 100x better than renting out (thanks to television) - but is this true? it seems to me as though there are no real immediate benefits of buying proper...
Josh Carpenter
Advice Please
Hi all. My name is Josh and I am a twenty year old college student. I've got my eye on a property now that is currently renting for $470 a month. It's a two bed, one bath with a one stall garage, and it's two blocks f...
Payton Dodson
Refinance Immediately?
If I purchase property at 70% for cash, when will I be able to get a HEL/refinance? Is there a common seaoning time with most lenders or can it be done within the next month?
John Worley
I Need Some Opinons Please
Ok...it was brought to my attenttion that my original post wasn't doing a very good job at explaining what I was looking for, so I am redoing it.
Listed below is a service that I currently offer to out of state inve...
Minna Reid
Should I put money down if I don't have to?
I'm currently looking at 3-4 family homes in the 200-300k range to keep as rentals to get some cash flowing in. I have a few lenders who are offering me 100% stated income investment property loans. I can put 5% down,...
Sean Brennan
How much per hour does the average fix and flipper make?
Maybe you guys don't think like this... but when I do an appraisal I get paid a fee no matter how many hours I work; but, I keep track of my hours so I can calculate $/hr so I know what types of jobs I should focus my...
Lisa Parker
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.My partner and I are having a debate. This house is a former home that he used to live i...