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My situation: My mother owns a home that has a relatively low balance left (15k or so). She has decided to remarry and has left the house to me however the mortgage is not assumable. My goal is to update the home, ref...
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Ok, so I've never done a subject to deal, so could someone explain it like I'm a super-smart kindergartener? :) lol
What are the contracts needed?
Who's on the deed?
Is it quick-claimed to me by the seller?
H...
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Thanks for BP community. I made my first step as a new real estate investor, I am going to close my first rental property next Friday. It is a SFH built in 1967. And needs some fixes, here is a brief inspection repor...
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I live in California and like most Californians it's extremely expensive to invest here so I've been looking at out of state turn key properties. But I have read numerous stories of how investors got ripped off. My ...
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We are in the early stages of developing a budget to purchase a 2/3-unit MF in Chicago (Andersonville/Edgewater). Does anyone have any insights on how much we should budget for cosmetic rehab (i.e kitchen/bathroom upg...
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Hello I have a quick question and by the title I'm guessing you have a vague idea already of what it is.
My husband and I have recently bought our first investment property and so far we haven't had any problems with...
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There’s a lot of uncertainty right now as to how impactful this virus will be on our health and local economy. Our team studies property management on a local and national level for trends, variances, opportunities, ...
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Recently, our governor posted a 90-day moratorium on residential evictions due to COVID-19. We have had tenants contact us telling us they will not be paying rent due to reduced hours at work. We have also had our o...
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Hi Bigger Pockets!
The Condo Association I'm looking to buy a single unit in hasn't had a Reserve/Useful Life Study done in 14 years. They provided me a summary of the last study (done in 2006) but it was not very de...
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So we have a new property on our program. A very nice, two bedroom property just outside of Gatlinburg. We projected that it would easily do $40K a year and were planning for that. But the owners jumped in and made ...