Hey everyone, thanks in advance for reading.  I'll start by saying that I am fairly new to understanding the terms and concepts, so I'm eager for feedback.  Here goes.The property is listed at 350,000 and is a 10 unit...

Hello All,

What is your work around for your initial analysis of a property when all the expenses are not available?

For example purchase price of $324,900
Gross Income:$49200
Expenses: $8000
Net income:$41200
Cap r...

So I have been approached by an investor with an opportunity to provide a private mortgage on a fix and flip.  I've never done any PML but I do want to start.  I'm trying to educate myself as quickly as possible.  Her...

Hi All - A general question on having LLC. I am planning to add my properties into LLC not as for Accounting reasons but more like having added security b/w myself and tenant(s). Is this a good valid reason? Should...

I'm looking at purchasing a single family house with tenants in place as my second rental property. My first was our former residence so there was no real transaction to deal with. Purchase price is around $35,000 (my...

Hi there, thanks for taking the time to read this.I am considering putting an offer in on a piece of property in my town. The assessed value of the property is $130,000, although there are foundation issues with the h...

Ok so my husband and I are about to purchase our first rental house. We were supposed to close on 06/10/2013. The appraiser gave an after repairs are made price I'm not sure if this makes a difference or not. We just ...

I searched, and there are a number of topic about FSBO. However, most only discuss about the marketing aspect of the process. Can anyone has gone through this explain to us the paperwork process? Let' say that we have...

Hello bigger Pockets forum. I am looking to invest in my first rental property. They have fallen out escrow twice due to a plumbing issue. In Spokane, Washington thereare pockets of Orangeburg in different neighborho...

Over the years I've worked with clients ranging from first time home buyers to sophisticated investors.  My favorite investing strategy is the BRRR technique and one of the most affordable ways to purchase is the Hous...