David Cole
Is 4.4% ROI a good investment?
I'm considering buying a condo & renting it out during my retirement as a source of income.I'd pay approx. $232,000 cash for the condo. It would rent for ~$1,500/month. ...
Ryan Moore
Lenders and Appraisals
I have started discussions with lenders to refinance a MF in Phoenix and I was curious about appraisals and the cost incurred by them.Quick background: There are currently 10 CLOSED listings from the past couple of m...
Robert Gailie
Possible first deal
Hello all I found a property I am looking into. I looked at it and it's very nice everything is recently updated. It is a 3 family and according to the realtors information it is a 2 2 bedrooms and 1 1bedroom. The fir...
Tommy Loretz
Property Management Fee - % of Net Income
Hello - Wondering if any investors have experience working with a property management company that charges their fee based on a percentage of net income (after operating expenses) instead of a percentage of gross rent...
Tatiana C.
Best use of savings
Hello, after learning valuable lessons here in BiggerPockets, reading books and listening to podcasts, I'm feeling ready to start investing in real state. I'm overwhelmed with the many options to start so I'm searchin...
Steven Gore
New Investor Looking For Advice
Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
Nick Thomas
To buy or not to buy?
I've been speaking to quite a few great minds here on BP about my predicament. I'm moving to Woodbridge, VA June 13th which is in the expensive NOVA market. I have a place to stay till September 15th. Afterwards I h...
Account Closed
Things to ask Seller of multifamily
Hello All, I am trying to purchase a 5 unit in PA. I had requested the following information from the seller.1) Annual property operating data for the last 12 months.2) Current rent roll3) Past rent roll for 12 months...
Account Closed
Legalities of renting to self / Rent expense definition
So I recently heard an attorney go at it with a tax liability guru on this an figured I get some additional insights from some 'experts' on here. Here is the gist of the issue....An investor decides to 'rent' a proper...
Eric Anderegg
Looking for help!
I have about 100 k equity in our family home in the outskirts of Vegas ( pahrump) we are going to list the house in the next two weeks and move back to Vegas. Our long term plan is not to live in Vegas but with my job...