Joseph Koury
7-Unit Condo Project in Westport - Kansas City
1 March 2020 | 0 replies
Initial Down Payment: $63k (Lines of credit on our personal properties)Initial Loan: $420kConstruction Loan: $140kLOC injected for additional remodel $40k - we realized we could get more rent for an additional $10,000/unit to spend - washer & dryer in-unit, nicer finishes, and upgraded bathrooms.Cash injected for additional expenses: $20kRefinance after stabilization: $460k at 5.75% Int. for 5 yr., 20 yr.
Jack B.
Time to drop price on rental yet?
1 March 2020 | 3 replies
I was getting bombarded with emails when it listed for $2,600 initially so I raised the price to $2,800 as I realized I had under priced it.
Solomon Stavis
Wait to buy or hold for a year in the Great Tampa Area
4 March 2020 | 13 replies
Remember, you can ride the rollercoaster, but you only realize a loss when you get off the ride.
Andrew Carlson
Do you utilize traditional retirement investments?
9 March 2020 | 8 replies
I realized my money would be better spent in real estate then with the govt/fed and their ups and downs, which I have no control.
Obadiah Roszman
Find the Opportunity, Make the Deal.
1 March 2020 | 0 replies
On the first walk-thru with the realtor I realized we could blow out a wall and make the bathroom twice as big which would allow us to bring the washer dryer upstairs out of the old dingy basement.
Brian Holshouser
Hello fellow BP investors! New and ready to rock!
10 March 2020 | 12 replies
@Brian Holshouser So I didn’t realize Google auto logged us into the wrong account.
Jimmy O'Connor
Following my investor's success post wholesale!
3 March 2020 | 4 replies
I just realized Zillow barely has any pictures!
Kyle Curtin
Is there anything to be aware of with hard money lenders?
5 March 2020 | 15 replies
You don't even realize they aren't the lender until you are weeks or months into waiting.
Karen F.
15 day notice for lease violation in CT
4 March 2020 | 9 replies
Lease says that a guest may only stay 14 days in a year, but tenant is claiming that the law allows 14 days every six months - I cannot find anything confirming that, so I'm telling her she's got to file what is in the lease.They're not happy about it, but at least now I think that they realize that they cannot have Grandma lose her nursing home bed.
Lou Smith
Impact of converting a residential lot to a commercial lot
4 March 2020 | 7 replies
And the ability to realize that revenue stream is dependent upon community acceptance and the willingness of the town to support a zoning change.