I have been wondering for a while how you would assess repairs on a possible virtual wholesale deal, so I thought I would put the question to BP. If I found a motivated seller, and knew that it would be a deal a...
Good Evening BP!Short one this time: Do I have to describe the eviction process in detail as part of my lease, including the reasons/conditions that will trigger an eviction filing? Or can I be as general as "Violatio...
I am just embarking on my journey in Real Estate and Rental Properties. I've been listening to the podcast over the past couple years and have recently picked up the Bigger Pockets Book, "The Book on Rental Property I...
So I'm working through my analysis of 100 properties, looking for my first deal. Using PropStream to generate leads and filter down comps. However, every so often, I hit a roadblock. When looking for ARV Comps, eit...
Hi Bigger Pockets Fam,
I found an abandoned property that I’m looking to wholesale. The problem is there are no recent comps. The only comps go back to 2015-2016. How should I go about moving forward? Thanks.
Hello All!There are two properties that I've had an eye on, they are both abandoned and/or vacant. I suspect vagrants are living in one of them become there are clothes and vandalism. I've already located the owners' ...
Hello all,I am doing my due diligence and researching possible property management companies in my area. All the companies offer pretty much the same fee structure, whereby I would pay a management fee, leasing fee, t...
I am practicing running comps and some of the properties I am looking at have patios and stoops. I read J Scott's guid to estimating ARV and know that they have different values; I am just not sure how to calculate th...
What is a really great strategy to find motivated sellers? I mean a stategy that brings real results and it is less costly than spending lots of money on bandit signs, direct mail, etc. I want to get my start in the w...
I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...