Kevin Degnan
First Flip Opportunity - unknown septic condition
17 September 2015 | 7 replies
I owned a 2/1 in wayland on an over sized lot and thought it would not be a problem to add a bedroom but several key points were if you upgrade /add a bedroom you would need a new septic.Secondly and more importantly was I was within a certain distance of town wells and I was not allowed to increase the size of the septic on the property so I could never increase the house or septic
Jo Ballagh
Analysis help! I've done most of the work; just need more eyes
29 September 2015 | 10 replies
It's possible to re-fi to conventional after all repairs/upgrades are done and I move out (I did that with my current home) but I'm not sure when I will have enough equity in the place to do that.
Omer Husain
Multi-Family property value
24 September 2015 | 6 replies
many things go into an appraisers decision or value of a property Location is very important with multi family's and sgr is it an area of job growth , what's the demand for rentals like What do the units each rent for every monthIs the property in good condition I'd assess that the owner is trying to make a huge capital gain if the property doesn't perform according to it's value it's a bad deal I'd say What are the property taxes Would it cash-flow positively with a mortgage What's the cap rate in relation to it's listed price you must thoroughly analyze the numbers then area then the actual physical property to see if it's a good deal also see if there are any upgrades the appraiser may be missing from the equation
Joo Chung
Recourse for tenant refusing to pay for damage? VA
7 March 2016 | 13 replies
I'll get my money when I get around to it.I have another ex tenant who technically owes me about $25,000 in rent due to a broken lease.
Michael Rodriguez
Moving existing tenants to my lease
14 March 2016 | 4 replies
If the dog is a year old then he should be house broken and the problem minor.
Kyle Godbout
Periodic rental inspections
17 December 2021 | 6 replies
Have them fix anything that is broken or damaged and paint on walls with marks.
Josef Nicholson
Learning resources and mentors
25 August 2022 | 4 replies
Upgrade to Pro and post a meetup.
Dan Graney
Water Jetting to clean drains
10 February 2016 | 12 replies
If its cracked and broken clay tile, no fix other than replacement.
Brooks Armstrong
SFH for fix and flip
17 February 2016 | 1 reply
A light finish upgrade to a property would need less contingency than a complete gut project.Profit Profit is typically calculated as a % of the ARV, but you can calculate your profit based upon the COCR or Annualized ROI.% of ARV Profit Calculation = 15% profit * $200,000 = $30,000
Annie Thompson
New investor from Arizona finally introducing Myself
29 February 2016 | 5 replies
After watching my first BP webinar last month I took the plunge and upgraded to Pro annually (to hold my feet to the fire as @Brandon Turner put it!)