This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...
Hello Fellow BPers,I am currently looking to buy some turnkey properties. I am a real estate agent in CT and realized that when buying these properties in other states around the country, I won't have a RE agent repre...
Hey community. I've been investing for a little while in rentals. I've done a couple methods (including the BRRR). I now have 4 cash flowing rentals and am loving investing, but I have a problem. I hit my DTI with the...
Rookie question : If I were to try to develop a couple duplexes on land where a small single family currently sits (demolishing the current home in the process) would the bank call the loan since the house in demolish...
I always try to mentally prepare buyers about two things that they shouldn’t forget when negotiating a deal: the first is that the negotiation can happen in more than two rounds so they shouldn’t expect a successf...
Hi everyone, I'm thinking about becoming a rentometer pro.I been analyzing 3 deals a day and now they are forcing me to sign up for the pro member ship.Would you guys recommend me to sign up?Thanks,Nickolaus Cabcabin
Does anyone have any idea how to get back taxes reduced, or am I just in dreamland?...Let me explain. I have 2 REOs that I am trying to buy, and they have back taxes. Understand that I have bought many REOs this year,...
This post is for my DC area (DC, PG, MoCo, Alexandria, etc.) investors and interested investors. I have been using the HCVP Small Area Fair Market Rents as a basis to running my numbers when analyzing possible invest...
I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Fu...
Hi BP Family,Quick question!So I may have a potential deal in the Brooklyn, NY area. The property is in foreclosure, but the home owner is still interested in trying to salvage whats left of their credit & not los...