Our guidance line relationships have grown of late to the point where we have put together a draft ranking mechanism for our "horses" in an attempt to get the most favorable terms from our lenders. Special thanks to ...
Hey BP! I am just about finished with my first flip. We made SO many mistakes (budget blown, took way too long), but the end result is a beautiful house in an up and coming neighborhood in New Jersey. We have a buyer ...
At what point does it become necessary/beneficial to consider creative financing options? For my first SFH purchase I should have 20% to put down, so would it even be beneficial to consider a different type of financi...
Hi all,Quick background: I have a house that I am currently renting out. I still have a mortage on it. My mortgage/ins/taxes is $1200 but I am renting it out $1900 a month, so I am making a little cashflow.I plan on g...
Hi All,I closed on a property last week and the loan I got was 7/1ARM at 4.125%. The purchase price is 1.5M and loan amount is 1.2M. I had to agree for the higher rate under stressful situation as I was running out of...
A couple bigger pockets podcasts say you can pay about $2500 to rehab a bathroom.What can I estimate for a bathroom rehab? My bathroom is probabaly 9 by 9. very small bathroom from 1907. probabaly needs a new tub, flo...
I purchased my condo 7 years ago and it has nearly tripled in value. While I'm excited about this, I really like the location and layout of my place - it's in a nice, quiet neighborhood close enough to the city but fa...
There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...
Hey guys,
we have a tenant does not clean up after her pet, or leaves plastic bags full of dog waste on the property corner, and claims that it's the "neighbor's dog relieving itself and not hers". Since we do not hav...
I've been doing some direct marketing to small apartment buildings and have come across one or two where when I look at the expenses and rent (based on what I perceive to be reasonable assumptions), I would not offer...