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Hello all,Here is the situation:Our town just increased taxes on commercial properties significantly. $5,500 more per year on a 16 unit property. The property contains four buildings all with 4 units. Townhouse style ...
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I am considering purchasing a duplex in a small town. When chatting with some very helpful people here on BiggerPockets something popped up that I never considered. Longer vacancies because of the limited pool of qua...
Hello all... We are trying to offer a better reward schedule to Realtors that bring us deals.. What! Pay more for deals? YES! why not. We are not greedy and believe in sharing the wealth for a job well done. That said...
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I am currently working with a realtor to submit an offer on a short sale. The realtor said that the bank is only considering one offer at a time, and that my bid won't be considered unless the offers submitted before...
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Hello everyone,
I am a REALTOR in Virginia Beach and am starting to get into my own personal investing. I am currently putting my team together (lawyer, accountant, contractors, etc.) and am now at the point of cho...
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Hello all.Just wondering how long till one rents a house or apartment?Seems I have been getting potential tenants with low credit scores and ones that lie on their application.Thanks in advance,Andrew.
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Fantastic article written by one Mr. Warren Buffett on a couple of his earliest real estate investments:
http://finance.fortune.cnn.com/2014/02/24/warren-buffett-berkshire-letter/
One property he has...
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Hello BP Community,I'm learning how to evaluate foreclosures and have a quick question about the trust deeds affiliated with the property. I'll try to lay out the information simply, then ask the question.House was pu...
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Hello, I'm looking at a property where the owner is asking 100k for his home that Zillow has estimated is worth 150k and the owner is only looking for 8k down and 750 a month with no interest.
I have a few questions...
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I'm a new investor with two commercial buildings with 10 units. An opportunity at a vacation rental has presented itself and I am looking for advice on evaluating the value of the deal since that's a completely new s...