Hello BP,I have a deal I'm looking to make an offer. It's an off market deal from an investor in my hometown. In fact, I went to High School with the owner's grandson. Anyway, I'd like to know what you'd pay for it. F...
I have a single family home that I am interested in doing a buy and hold transaction but based on the selling price there really isn’t enough equity in the home to do a hard money loan so that I can purchase and refin...
A little back history. We purchased our first home in 2012 in CA. It was our primary residence, and when the military moved me to NM it became a rental for us. This of course like so many people got us interested in o...
Just wanted to do a sanity check on my numbers here. There is a 4-plex down the street from the duplex I live in right now. Here are the numbers:ExpensesVacancy (5%)-$105.00Cap Ex (8%)-$168.00Water (Based on living in...
I'm looking for opinions on buying some rentals. Please give me your opinion on which you like better and why or why not. I'm very handy and have built by own house. I will be looking for properties that need reha...
Hello BP!I am curious if anyone works with lenders that lend immediately based on appraised values of properties. I recently purchased a fully stabilized property, 35k under appraised value. At the same time I am look...
I'm looking for a rough estimate on the cost to removal asbestos 9x9 tile in Rochester, NY. The space in need or removal is about 400 SF. Any ideas?
Question for my tax savvy REI's out there. My wife and I own a handful of long term rentals and I am the sole partner of an LLC for some of it. My wife assists with property management, scouting new deals, interview...
What is the best strategy when turning a primary residence into a rental property? Debating on selling property after basement renovations or turning into a rental property.
I just got a house under contract close to college campus - 4 bed/3 bath. Should turn out to be a good long term one.
I was hoping to get some help on what more experienced minds would do with this one as far as int...