Jacob Olson
*HELP First time homebuyer wanting a rental property, should I pull out of this deal?
Hi, just stumbled upon biggerpockets on spotify today as I'm getting pretty desperate considering it's the last day I can pull out of an agreement at no forfeiture of my EMD. Five days ago I signed with a new construc...
Christine Edwards
Labor vs Material cost
I had a contractor give me an estimate for some work that needs to be done on my house.Material cost $15,345From what I have read online, it says that labor should be roughly around 40 - 50% of the total project cost...
Eric Gabriel
Analysis: Mobile Home Park in Western Illinois
This is the first deal that seemed to make sense to spend the time to analyze.Deal OR No Deal? That is the question.What should I be looking at? I'm actually interested in cashflow, but would consider a value add, wh...
Account Closed
Getting Started
Hey Everyone,I'm really looking to get started in investing but, I am unsure of the best way to get started. I am currently renting an apartment but I would like to purchase an investment property before purchasing my...
William Oshea
Short Term Rental in North Las Vegas?
I understand short term rental is getting a lot of regulation in Las Vegas, but North Las Vegas has more lax regulations. Does anyone have thoughts on 1. regulatory environment 2. rental appeal of NLV.
Logan Allec
Tenant wants to take over weeding/raking/gardening duties.
I have a fourplex, and one of the tenants (a young single guy looking for ways to make money) said he would take care of basic landscaping on the property for $20 per week. Does anyone have an agreement for this that...
Phil L.
Pre-foreclosures: Buying Subject-to?
How difficult is it to purchase a pre-foreclosure, subject-to the existing financing?
In these cases, the owner has defaulted and the lender has begun the foreclosure process. There is usually a foreclosure attorney...
Rachel N.
Leverage, debt, etc- how much are you comfortable with?
Hi all, new to BP and I fully own one rental with a tenant in place, with another SFR purchase in process that's being partly funded by a HELOC from my primary residence. My plan was to pay for most of the property in...
Paul Honen
Realistic Real Estate expectations?
Hey everybody,I've been researching/reading up on everything REI for the past Month or so. I'm super excited about starting, even went to look a distressed houses in a neighborhood I might like to invest in.Here is so...
Amy E.
Buying Strategy
I recently started investing in SFR's in May with a business partner; we formed an LLC. We both put in equal shares of cash and bought two properties. I liked it so much that I then lent our company another infusion...