JJ Cole
Closing costs mess up Cash return.
I typically buy houses worth 110-140K for 65-80K (cash) and then spend 8-15K on rehab before renting the out for 1150-1250/month. When I cash out refi. I end up have to pay $4k in closing costs on a 80-90K loan. Is th...
Account Closed
Convert Special Warranty to General Warranty
Hi this is my first post and I have been reading all the useful information on this site. I am happy to see that most people at BP are very helpful towards their fellow investors. I would like to know by what proces...
Chris Pasternak
Pueblo, CO - best returns in the country?
Check it out for yourself:https://www.biggerpockets.com/renewsblog/head-west...Where are the haters at?
Ken Williams
Detroit as Target City!
Anybody here doing deals in Detroit? What does everyone think of the opportunities there? Are there opportunities?
I would like to look at targeting this city and zoning in on some good properties. For those that inv...
Mary Jay
Feel confused-Need your advice please
Hi Guys,I have been a landlord for the last 10 years and enjoy it ( I only have 3 SF houses). However, lately prices climed high everywhere and it has been hard to do buy and holds. So I feel I am pulled into differen...
Ponnusamy Subramani
Theft of personal belongs left in the My Rental Property
Dear BiggerPocket Members,This is my first question in forum and please pardon me if there are any mistakes. Sorry for the long post.I own one residential rental property and it is being managed by Property managemen...
Minna Reid
It just needs some paint and carpet!
A favorite phrase of realtors and sellers alike, isn't it?
I'd like to know if there is someone here that has ever seen an actual "paint and carpet" rehab?
I sure haven't. I've come to the conclusion that "just some ...
Christina Brooks
Buy as many as I can or slow down?
Hi All,
Over the last couple of days 4 or 5 deals have come my way that seem pretty good (this is preliminary observance... no extensive research done yet). If they all check out they would be great buys for me.
I ...
Henrietta M.
structuring motivated sellers assumable loan, no money down deal?
Hello! I have motivated sellers selling a 3 bd 2 ba modular home, 1500 sq ft. It's located in a once popular oil field town, outskirts of Colorado. The husband got a job 155 miles away and that's the motivation.They r...
Ken Van Haitsma Jr
Using a Business Name without Filing a Formal Business
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...