Hey to everyone in the community!I'm an ICU Nurse of 8 years who has gone part time and is very motivated to begin my journey with REI. I've spent the last two months reading books, listening to podcasts, and doing lu...
We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...
Hello BP Investors.I came across someone selling their 92 unit apartment here just outside of Houston. The seller and I are at a standstill on negotiating (she wants non-refundable earnest money), so I could use exper...
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
My wife and I bought a home in Clairemont (San Diego) back in 2011 for $330,000. Now it's probably worth close to $550-600k. I'm trying to get my foot in the door to invest in real estate. The option I have now is pul...
@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...
Hi everyone! I recently received an offer letter to start helping a local wholesaling company with acquisitions. What would be a reasonable commission to negotiate? Could I negotiate base pay? This company just starte...
I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
Is there such thing as a “perfect investment?” According to today’s guest, yes. Today on the BiggerPockets Podcast we sit down with Paul Moore, a real estate investor whose 18-year journey through real estate has incl...
I've been thinking about renting to section 8 tenants because from what I understand you can buy cheaper properties that aren't glamourous, and a portion of the rent is guaranteed via a government check. The cons, of ...