Shannon Fong
Should I be leary of buying house with Tenant's already in place?
10 July 2019 | 3 replies
Ask a professional on current value, then ,put a constructor in or inspector, make sure it doesnt have foundation issues, or major problems if numbers work then buy it.
Chris Mandle
BRRRR Method Downfall
31 July 2019 | 48 replies
My background is a building inspector so my construction, code knowledge and credit score was a very unique skill.
Shepard Solomon
Renovated Indy Blighted Homes
10 July 2019 | 0 replies
Hello,I wanted to know the process of renovating blighted homes in Indianapolis.
Lydia Conway
Newbie Baltimore Investor
11 July 2019 | 5 replies
Oh, a licensed inspector will also have insurance to back up what they tell you.
Shiloh Lundahl
What is your HONEST OPINION of my investing model?
12 July 2019 | 79 replies
Have an inspector point out everything wrong with the property.Have the buyer's realtor try to renegotiate the price down because of imperfections and ask for concessions and money for repairs and closing costs.Pay realtor fees (at lease for the buyer's realtor since my partner would be my realtor).Sales price = 120,000 - 8400 (7% which includes realtor fees, closing costs, BNSR repairs, and concessions) = 111,600 - 93,000 (what I have into the property) = 18,600/2 (split with my partner) = 9300 (profit for each) - 2800 short term capital gains tax which might be as much as 30%.
Strom Lee
Day to Day of a multifamily investor
14 July 2019 | 8 replies
Building a solid roster of trustworthy professionals (inspectors, maintenance, trades, insurance, etc) is also extremely valuable.
Reid Ferguson
BP Communtiy in Gainesville, FL?
28 August 2019 | 29 replies
(BTW anyone is welcome to meet me at that home inspection if interested in meeting the home inspector and talking shop about REI.
Joseph Torres
Indianapolis.
5 October 2019 | 27 replies
It was one of most dangerous areas of Indianapolis for many years.
Charlie Moore
Have you ever had some issues with codes?
10 July 2019 | 0 replies
Code inspector Siding with tenants over petty issues?
Daniel Mendez
Newbie here: Best cities for multifamily investing
21 October 2019 | 10 replies
So far, I am thinking of Columbus Ohio and Indianapolis Indiana.Does anyone have any other suggestions on what cities are best for multifamily homes?