Fiona Lam
New Member from New York
Hello all!I wanted to take the plunge and introduce myself.Name: FionaOccupation: IT Project Manager/Business AnalystLocated: Currently in Harlem, New YorkBackground in Real Estate: Absolute NewbieGoals in Real Estate...
Blake Reynolds
Using an LLC with Purchase Agreements
If I am operating under an LLC and I am trying to get property's under contract to then either assign or use some other strategy do I put down my LLC as the name of the Purchaser in the agreement. I would assume so si...
Susan P.
First rental property under contract
I have been in the background on BP trying to learn all I could absorb for our investing. We are now under contract for our first rental property and have tenants in place that will be moving out 3-4 days after we cl...
Lenna Groudan
"Subject To" How does this change the 70% ARV - Repair Analysis
Hi - I have gotten fairly comfortable with the basic Investor MAO formula of 70% of ARV-repairs.However, I know there is another model of acquiring investment grade properties which is to take over the sellers mortgag...
Noah McPherson
Holding costs flips and BRRRRs
Can you guys enlighten me with a breakdown of holding costs? What do you pay? The price of the loan, utilities, insurance, and maybe half a year of property taxes or so. What else is there?
Sean Carey
Who is responsible if a rental property floods in MA?
I have the opportunity to purchase a commercial property with a beautiful residential house next to it in Massachusetts as part of a single deal. The commercial property would be for me relocating an office, and it wo...
Jason Victoria
How do I advertise on the BP?
I’ve been a member of the BiggerPockets community for over six years now but haven’t been too active until here recently. August 2021 I purchased my first investment property. And plan on doing more this year.
I wou...
Garrett Kroll
What's your buying criteria for STRs in 2022?
As STR markets evolve and prices continue to climb, I was curious what criteria folks ares using to decide to make an offer or not. Not specifically talking about market requirements, but more for the property itself....
Mei Li
All window AC unit property: winterization question
Dear fellow property owners, I would like to ask some question regarding winterizing your property:I’ve got a Ocean City, MD condo with only wall/window AC units. Heating during winter is completely dependent on elect...
Vinh Nguyen
Clarification on the 1% rule, please
Hi!Regarding the 1% rule, does it apply to the price the property was purchased alone or the price of the house plus repair cost? I would assume it applies to only the cost of the house. Just looking for confirmation....