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I found a two family property on Homepath--it's currently in the lockup period but asking price is $325k and it needs some work (TBD on $$). Similar two families are worth over $400k ARV. If rentable, it would gross a...
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Is private lending more cost effective and flexible than hard money lenders?
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Can someone help explain to me what an equipment breakdown coverage is? I mean I Googled it and read it and still am unsure what it really is.We own a condo unit in a small building of 8 units. There is an HOA. The...
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Hello,I have been a member of BP for a few months already. I have read tons of books. But I have yet to jump in and actually buy a property.From all I have read and heard on podcasts etc, I realized that perhaps an FH...
My very first post on Bigger Pockets. Been reading books and listening to the BP Podcast like crazy. I've recently gotten a serving job, and in my first month have put away $2,200 in savings ranging from my IRA to my ...
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I had a chance to review a few property management companies in a short period of time, and it made me wonder why they charge so much. Typically the monthly charge was between 8%-10% of the rent. If you rent is $1,000...
Hi All. Very new to REI and to this forum and learning. I need to find a commercial lender in Louisiana and not sure exactly what to look for. Also really want to know if its even possible to get a long-term amorti...
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We are looking to move to Lakewood, CO from Chicago. We are thinking about starting our investment journey living in a duplex, triplex, or 4-plex. I'm confused if I should be researching the recent comps like I woul...
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Hello BP Community,
My name is Diane, and I'm just starting my journey as a real estate investor. I currently live in the Midwest and, due to circumstances, house hacking is not an option for me. I'm working on build...
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I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...