So it looks like our renovations are going to be well over what i expected (im sure thats never happened to anyone, right?). Which will mean our cash out upon refinance is definitly not going to cover the reno costs ...
I am making my first commercial real estate offer today and was wondering what I should request as part of the offer. I am putting subject to bank approval, copy of all expenses, profit and loss statements, half closi...
Thank you biggerpockets community for the instruction and support that has allowed us to be in the position to need to ask these questions. My wife and I bought an apartment building just outside of Houston with a ha...
Hello,I have owned a Duplex in Los Angeles County since 2019, and looked into accessing my equity for another purchase.However, as I have never lived in the property, and the property is under an LLC, I was informed b...
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I possess a substantial equity portfolio exceeding $2 million; nevertheless, certain financial institutions exhibit reservations regarding the utilization of equity as opposed to readily availab...
My tenant is late on rent, and I found out they may be a scam as they gave me a fake name. (just found out)They reached out saying that they want to leave and we can prorate the deposit for the days they haven't paid ...
when analyzing deals I am using 10, 5, 10 and 12 percent for repairs, cap ex, property management and vacancy rate respectively. These are conservatively high in my area just so I know we can “hit the mark”.Question:...
I am thinking about taking out a HELOC (~$1M) to buy rental properties. I do not have any rental properties in mind yet and am planning to apply for a HELOC, after approval I will then look for suitable properties to ...
Hi all! I could use your brainpower! I am under contract for a property in Dillion, CO, 15-20 minutes from Keystone, Breckenridge, and Copper ski resorts. It is a SFH with a lock-off unit and the potential for an ADU ...