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All you hear is that inventory has dried up. Me personally, I’ve been working harder on expanding my network and going after larger take downs. I’m also looking at other Non-R/E Note opportunities.What is the rest o...
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When you rent out a place how much do you require your security deposit to be? 1 month's rent, $1,000, $500 etc? What about requiring last month's rent and first month's rent? I was thinking of asking for security dep...
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Hello Biggerpockets,I am looking for some help. I am about to put an offer in on a house that has a non-permitted structure attached to the house. The non-permitted structure would be a great addition because it would...
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Hi,I am in the process of replacing my living room and bedroom flooring in my rental house. One of the contractors showed me wood-look vinyl tile planks and said that people prefer these vs. laminate flooring in renta...
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In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discoun...
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Hi All,In progress of my very first flip. I'm starting relatively small for my area to get my education. I purchased the unit for $430k and it appraised for $458k. My agent expects the unit to sell for $530k, but I am...
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Dear Community,
I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...
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Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
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Becoming a real estate agent to buy 1st house hack stupid idea? I really want to become a real estate investor and buy multiple properties. However, I am not sure if I want to do real estate as my main job forever. Is...
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I wanted to understand what other house flippers are doing to account for the cost of asbestos and lead abatement when purchasing a property. The costs can be significant if there is asbestos and lead throughout the ...