Kavan Kucko
Contracted to buy. Bad idea?
20 March 2020 | 1 reply
A month ago that request would have been a no go but we are now in unchartered waters.
Andy Mirza
Effect of Pandemic on Note Business (Medium and Long Term)
3 May 2020 | 46 replies
Thank you for letting me follow along - I've already seen this is a pretty tight group (unlike the rest of the BP forums), so I'll try not to taint the waters.
Al Bennett
[Calc Review] Help me analyze this deal
18 March 2020 | 3 replies
This will also mean more expenses (water/sewer, lawn care, etc.)
Jose Leija
Owner of other side of shared duplex is unreachable.. Issue.
18 March 2020 | 13 replies
When the toilet is flushed the master bath is flooded almost reaching the master bed carpet and the said tenant also says that water reaches his side too.
James Tiu
BRRR: large closet or 2 half baths
21 March 2020 | 4 replies
I typically pay ~$1K for hot water heater but one was down and tenants had no hot water so I am paying $1.3K today because tenants need hot water and I could not easily find an alternative (slight high priority so it costs extra).Good luck
Paolo De Leon
Buy & Hold #2 in Mislata town, Valencia state, Spain
18 March 2020 | 3 replies
List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL PURCHASE PRICE + CLOSING COSTS: €69,663RehabLabor: €23,000 including windows, doors, flooring and bathroom fixturesEstimated finish date is in July
Todd Ashley
New Leases for Inherited Tenants?
26 March 2020 | 15 replies
I guess my strategic plan is to update the units one at a time and hopefully sub-meter the water.
Paolo De Leon
Buy & Hold #2 in Mislata town, Valencia state, Spain
18 March 2020 | 0 replies
List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL: €69,663 How did you add value to the deal?
Paolo De Leon
Buy & Hold #2 in Mislata town, Valencia state, Spain
20 March 2020 | 1 reply
List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL: €69,663 How did you add value to the deal?
Eyad Isa
Seeking to Better Understand Micro/First Time Investors
20 March 2020 | 3 replies
It was a small toe in the water and a great lesson learned.