Account Closed
Transactional Funding. What is it?
I'm a newbie and have recently seen many ads for websites offering "transactional funding" on gmail. Can someone explain the process? All the ads give you is a vague, though very optimistic, blurb about how their comp...
Galit Garsiel
How to deal with contractors/know the right prices and makeovers?
Contractors will suggest the most expensive makeovers. How do you know which are necessary and which aren't? How do you know if you can get a cheaper window frame or cheaper floors, or if the money you spend on the wi...
Andrey Gorokhovskiy
Recommendation for property managers in Keller TX area
Hey all, in a new territory and just picked up a rental in Keller TX any recommendations for great property managers around that area that have great reviews and fairly priced? Thanks in advance!
Michael Kugler
How would you price our property
I could REALLY use some advice here for your input on our resort. To start with - here are the "facts"We had our resort appraised 12 years ago and it came in at $650,000. We also have a stand alone condo appraise at $...
Timur Medaric
Purchasing Investment Properties at 70% of FMV??
Investors seem to throw out the 70% rule as a standard in purchasing investment properties. I understand that it varies by markets, but as markets continue to get more saturated and more competitive, is it fair to ...
Anthony Luevanos
Where to purchase my first investment property?
Hi Bigger Pockets Fam! I just joined the community today and had a few questions. I'm a realtor in Los Angeles but I am looking to purchase out of state where I can earn much better cash flow.I have about $50,000 for ...
Peter Baudendistel
How soon is too soon to move out of primary and rent it out?
Mercy, I need some insight to ensure I'm not crazy...
TLDR:
LTR Tenant dies of COVID 2 months after I close on new primary. My wife and I are interested in moving into the smaller rental and renting out our NEW pr...
Joas Espinoza
1% Rule, Am I missing something?
So I know that the 1% rule states that your property’s monthly income should be approx 1 percent of the purchase price. However, let’s say I purchase a single family home worth 600k. Wouldn’t it be a little absurd to ...
Jennifer S.
Insurance premiums going up?
I own two rental properties - one in which I'm househacking and the other I completely rent out. My insurance company, up until recently, was USAA. I've never had an issue with them, and thought they offered decent ra...
Eric Zdanowski
Income vs CMA approach...am I overpaying?
So I'm currently analyzing an off-market lead and need help pinning down a fair market value to determine what I can offer. Backround: This property is a SFH, but due to it being in a college town and consistently ren...