Hello BP!Today I returned a phone call from a seller who was interested in knowing what I would offer for their properties. Of course the convo did not start out that “motivated” in the sense that they “needed” to se...
I am under contract to purchase a house. I have been dealing with it for 3 months. I have only dealt with the seller's son.The story is the father is on Medicaid and in a nursing home. When we wrote out the contract (...
Hey BP! I have an interesting scenario I wanted to run by the forums, as I'm sure some of you have dealt with it before. I plan on consulting with legal professionals about this, but wanted to throw it out there in ...
I'm still new to the real estate investing game and in my studies I have recently come across cap rates. While I understand the basic idea of a cap rate and how it is calculated, I'm a little confused on how to read t...
I'm looking to buy my first rental investment property, and have thinking about using a home equity loan or a HELOC. I have approx $52k in equity on my personal residence, but my question is; how high is the market va...
I have a very capable 22 year old son who is a 3rd year electrician apprentice. He has no debt (including NO credit card, school and automobile debt). He has managed to save $35k with a small $2k emergency fund living...
Hi, I am new to BiggerPockets. I already have one investment property in my pocket. It was a very hard journey for me at the beginning because I was definitely not prepared for a lot of things but my first property an...
Hello everybody! I am a brand new real estate investor in Los Angeles and SF Bay and my question is does the 70% Rule still apply in today's market. If not what is the formula that is more applicable these days that y...
Hi,I have flipped several properties and have multiple rentals. Now I am about to move out of state and purchase several assisted living facilities. The housing market it is pretty hot in my area. A house just up the ...
I'm in the process of renovating my latest rental house. I've been thinking about Smart-Home features which would be beneficial to a landlord as opposed to wiz-bang cool features to attract tenants. Specifically, I'm...