Sylvia B.
Negotiating a purchase - stick to our guns?
We're looking at purchasing a SF home for rental. We found one that is practically turnkey - it could be ready to rent in 2-3 weeks at most. We estimate $500-1000 for improvements/repairs because it needs very litt...
Cole U.
Finance Advice
Hello BP,I'm hoping for some friendly advice. I'm looking at a foreclosed SFR in a B to B- area that I am thinking about buying as a rental. The challenge is that it doesn't need any work (seriously, it's spotless),...
Arthur Mayer
Need opinion on a few notes:
Here are the few NPNs I was looking at purchasing:1st Note:State: IllinoisAsking Price: $1,750Balance: $62,724BPO: $13,200Delinquent Taxes: $7,8672nd Note:State: IndianaAsking Price: $2,000Balance: $56,603BPO: $18,000...
Dave Jackson
Property Manager Wants Bank Account Access
Hello Bigger Pockets Community,
I have some multi family properties (total of eight units) and the property management company has a shared bank account so they can deposit rents and then debit expenses with co-sign ...
Jennifer Petrillo
$2400 appraisal fee??!!
Some input please...I have a 3/2 SFR on one acre in San Marcos TX under contract. Was getting a rehab loan for purchase price 170K plus 20K of rehab funds with plan to refi out once rented, planning to hold on to the ...
Justin DeMontier
To Close or Not to Close...
I apologize in advanced for the lengthy post, but I'm going to try to be as detailed as possible, so here we go...I currently has a property under contract that I have been prepared to close on for my first BRRRR but ...
Marshall Shen
Deal Analysis for an Illinois single family property (7 of 30)
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 7th day :)I analyzed a deal in college town (Urbana, IL), and assume a reasonable rent, and it passed 1% rule.
Based ...
Constantia Petrou
Tire kickers: How to discourage and screen them out quickly
Hi everyone,
My rental property is a SFH (class A) in a great neighborhood and in the coastal region of the Bay Area known for outdoor spaces, nature and great quality of life. It is now on the market to rent and bec...
David Lee
Diary of an unusual type of flip!
I have been a member on the site since September of 2013 and I have learned an amazing amount from the site and I thought it was time to try and help others out. I have read a lot of the different Diary forums on B...
Mike Lynch
Real Estate Commission Question
Hi,If I am selling a home for around $350,000, the standard commission around here is 6%. Do you bite the bullet all pay that or do you maybe negotiate and give the listing agent less. I am not trying to be greedy, bu...