Dan Kelley
6-Plex Rehab/Hold/Refi. Advice
Hey all, hoping to get some input about a potential deal I came across.The property is a 6-unit brick building located downtown in my city. The building is entirely vacant and is need of rehab. The company who current...
Marcela Correa
Help with determining ARV in Washington, DC
Dear BPers,Our third project has been on the market for 70+ days and hasn't sold. DC is a pretty hot market so this is a bad sign. (...Don't want to get into a discussion of that deal on this post though.)As a result,...
Andrey Y.
Paying a syndication sponsor's (high) travel costs
This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
Chris Clothier
Are Appraisers Hurting Real Estate Values?
I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
Annie Li
Is PM Responsible for Bursting Pipes?
Hello,I have a question about whether property manger is at least partially responsible for repair costs on bursting pipes due to heating being off after tenant abandoned the property. The property manager for one of...
Ashley Shearer
Inheriting a tenant with a bad attitude
My husband and I just had an offer accepted on a multi-unit (our first investment ever!). If all goes well, we'll be occupying one side, and the owner JUST got new tenants in a week ago, so we'll be inheriting them. W...
Tom R.
Whats you're credit score drop off for potential renters?
My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
Joshua Hardy
Property owners dispute need advice on denying my neighbor rezone
Warning, Wall of Text. Too Long Didn't Read: I own a half acre lot which is an island inside of a 23 acre parcel. My neighbor is trying to rezone 3 acres for his HVAC business as storage which his employees would go ...
Account Closed
Question for former military service members. To retire and invest late or get out and invest early?
Should I retire and start my investment, or should I get out and start investing early? I'm 24 years old, married, and I've been in for 3 years and currently an E-4 in the Navy. Just like every other service member ou...
Arianne L.
28 y/o Female – 50k debt to 10k/mo+ passive income, 100 deals/yr
Last year, I shared my story here on BP . Please read for more background info. @Chris Lemire and I are here to give you guys an update!
Our progression:
June 2015 - 50k in debt. joined Biggerpockets. Started learni...