Account Closed
Starting an HOA in California- I own all the units. Need advice.
We own 3 condos that were converted from a triplex to condos during our ownership. I am trying to set up an HOA. I've been working with a lawyer and my next steps, as I understand it, are to 1) file the articles of in...
Mariama R.
BRRR method -what about purchasing land and building on it?
What about buying a cheap piece of land for around $15000 in a good neighborhood, and building a house on it? Is this considered a variation of BRRR and advisable in terms of building equity and wealth and perhaps fo...
Hugo Arce Hodgson
VA Lending Practices
Hello BP, I have a question with regards to a scenario that I am facing with my VA loans. I'll provide some background info. I am currently working as an overseas contractor after finishing active duty I stil...
Daniel Norber
Do you make offers without visiting?
Hey everyone,Really excited to learn from the collective wisdom of the bigger pockets forum.One of the maxims that I hear On BP is that you should expect about a 10% batting average (on average). That is to say you sh...
Chris Slater
Seller Financing for 1st Rental?
OK I need your help I have a listing that I want to purchase on a land contract. The seller has a USDA loan still on the property can we do a land contract with the title company and record it at the county as my prop...
Account Closed
Need Texas mortgage broker for a Sub2 seller. Loan will be in TX
A couple of years ago we bought a property sub2 from a seller. Since we have been making timely payments on the seller’s behalf it has increased his credit score to the point that he wants to buy another house and he ...
Mark Romano
How much insurance is too much?
I’m under contract on a 4 plex in a town that gets hit with hurricanes from time to time. Anyone have any suggestions on how much home owners insurance I should carry. I am borrowing from a bank, and will carry a m...
James Porter
Neighbor wants to buy a part of my land for development deal
Hi; I have been approached by a realtor representing my neighbor who wants to buy 8500sf of my property. She has 19 acres behind her current residential lot that she is looking to develop. The 19 acres cannot be fu...
Jordan Page
New, Used, or Dented Appliances (First Rental)
So I’m less than two weeks away from closing on my first property. It’s a wonderful 3/2 in Hueytown, AL just outside of Birmingham/Bessemer area. The deal will be closed with about 25K in instant equity with typical u...
Matthew Defore
What would you do with this kitchen? How would you budget it?
What would you do with the kitchen in the attached pic? This will be my first time to mess with any type of improvements on my properties?
Here's some of the ideas that I have floating around in my head now:
-New co...