Alec McGinn
What if my offer is accepted and I do not have financing secured?
I was listening to bigger pockets podcast the other week and I can’t remember which episode it was, but the guest talked about how when he got started, he just started submitting offers on everything on the market. My...
Jessica Hood
Initial cost/Renovation cost/Cushion Ratio?
When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...
Pedro Oliva
Does the rent count towards paying off the mortgage?
If I get a property under a land contract say for $100k and the monthly payment is $700, will the $700 payment pay down the $100k?
Brian Flack
1st Pre-Foreclosure Direct Mailing
I just bought my first pre foreclosure list. I am absolutely clueless and have no experience with the foreclosure process. Does anyone have any advice or tips/strategies for pre foreclosure leads? I want to know how ...
Jody James
First timer diving into a High End Condominium Development, any advice?
I am diving into a High End Waterfront Condominium Development Project. So far I've been approved by the City for a little over 6000 Sq Ft, so the plan is to build four 1500 Sq Ft Condo's, 3 Bed, 2 Bath, High End acr...
Jacob Fitzgerald
What to teach my kids about $$
I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
Todd Whiddon
The Art of The Deal - Negotiating Strategies
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Janelle Carlson
LA Duplex Month to Month Tenant Removal House Hack
Hi BP! My husband and I have been considering moving from the suburbs into an LA Duplex 2+1 and a 1+1 for house hacking. There is a Section 8 Tenant in place in the one bedroom with under-market rents. We would like t...
Jitendra Mandalia
Property management question for remote property
Friends,
I have invested in a single family home in Virginia and I live in California. I was planning for a property management to be done with a company local in Virginia. Though I have another realtor, who is a fri...
Kathleen M.
Property Management Co Terminated Contract
I inherited 3 properties from my father in Feb. Now that I’ve informed his long-time property management company that I’m selling, they sent me a letter wanting to terminate our contract immediately. They stated conce...