So Here I (we, my wife and I) are.We live in a hot market. Every month they set new records for the average home price.We have no debt, in 2013 we bought our first house, sold it in 2015 and made enough to pay off our...
Co-Insurance is a property insurance provision that requires you to insure your property at or above a percentage of the property’s rebuild value or face a penalty in the form of a reduction on a claim payment. Some b...
Hello Everyone!After countless hours spent on locating, analyzing, viewing properties that matches our ideal guidelines, we were finally able to do so this past Friday! The property is located in the Wilson Manor subu...
Hi BP,I want to improve my sales skills and increase my income to fund my marketing campaigns. Jay Hinrichs suggested a few weeks ago that a sales job would be a good idea and that advice won't get out of my head. I a...
Good day BP! I recently came across 26 units (22 one bedroom unit + 4 three -1 bedroom & 1- 3 bedroom) The seller is asking for $1,250,000 and I offer $1,040,000 after underwriting the financials. Seller countered...
Thank you so much for taking time to read this and possibly help a first time investor. I am struggling to find homes at a good price to flip. When I find something on Zillow it has 5 offers on it and I am out bid. Be...
Hi Everyone:We are a developer based in Southern California, founded in 2000, with family ownership in the development industry since 1960. We presently are developing a ground-up MF product we describe as UTH or Urba...
I have found an off market deal on a vacation rental. I have discussed the property with the current owner and he wants to sell quickly. Although I have not nailed down a sales price, I am very confident that, if he c...
Hello!I'm very grateful for BiggerPockets and this amazing community of people. After learning about Real Estate for a few months and finding out financing while self-employed isn't that easy I have gotten together 3 ...
I have a triplex that has old knob and tube wiring in it and I would like to replace it sooner than later. I have never taken out a HELOC on my primary residence before, but am thinking of financing the rewire with on...