28 October 2021 | 5 replies
If you "live in a good-ole-boy town where we were given this opportunity because we knew some people and I don't think they would sell it to our friends", that means they will figure out what you are trying to do and block it.
28 October 2021 | 1 reply
BP calculator doesn't give you all the parameters or what to input as real numbersFree ones: Loopnet ~ look for sold comps on 5+; have agent access to MLS for sold comps 1-4; Apartments.com for what lease is offered in area.Boots on the street (Agents who list in the past 4 months on the block), make friends with agents in the area.Know how to calculate the gross rental multiplier.
22 November 2021 | 9 replies
They may have access to mulitple Umbrella markets.
31 October 2021 | 14 replies
if your are incorrect on that number and not certain on any of the initial cost and timelines then I would not do it.I guess what I am trying to say is I do not think you have the capital/access to it, knowledge of the actual numbers, and connections to get the rehab finished to move forward.
29 October 2021 | 1 reply
Now that I've lived here for a year, I want to buy another 4 unit property that is on the same block and I'm hoping you can show me the best way to use my current property to finance my second property.After owning the quad for a year, I have ~$70K of equity in the property.
1 November 2021 | 10 replies
This is a great forum with very knowledgeable members that will help to guide you in the right direction.If you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could start your search here: https://www.biggerpockets.com/search/usersThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides
2 November 2021 | 5 replies
Buying under your personal name for the first time gives you access to some low down-payment lending programs like FHA or Home Possible, assuming you're willing to owner-occupy.
5 November 2021 | 12 replies
The main problem is that the shower electronic control panel is locked and I am not able to unlock it to access the options.
29 October 2021 | 1 reply
As Derek Sivers suggests, if you’re starting your career, do the opposite and say “yes” most often to create basic building blocks.
31 October 2021 | 4 replies
Yes, they will be a little more expensive than your standard H&R Block or do it your self software program, but worth it.