Andrea Castor
Best and final offers?
Still new to REI, but feeling frustrated today. I know we can't win them all but still. We bid on a bank owned property the first day it hit the market. Husband wanted to start low ($52k cash for $59,900 asking price)...
Calvin Jones
wholesaling
She wants to sell the property to me,but doesn't want to tie up the property.I woiuld love to either wholesale it or fix and flip it to rent it out.I don't have any money for a down payment on a hard money loan.Please...
Sol Bergren
Use longer warranty shingles?
I'm having new shingles put on a duplex and the roofer has two options:1) BP Mystique 42 Limited Lifetime Warranty Shingles (base shingles)2) Malarkey Vista 40 yr Warrant Shingles (+$950 upgrade)Roofer figures upgrad...
Nav Singh
Deal analysis for rental property: Q on annual expense in the terminal years
Hello members,I'm analyzing a rental property I'm planning to buy. I'm using the rental property calculator on BP. The annual income increases (as expected) from about $14K in Year 1 to about $25K in Year 30 based on ...
Nathan Williams
possible foundation issues in home inspection
In escrow on a 55K SFH in indianapolis. House is 100+ years old but inside and out it looks to be in great shape with owner occupants and we were not expecting major issues... But preliminary information relayed fro...
Josh Mitchell
Formula I use...
I don't know how most people calculate their estimated insurance, but I recently posted a response and got a lot of feedback from it, so I figured I would share with anyone who might have questions. For estimating hom...
Dustin T
sellers net proceeds
Can anyone help me figure what my sellers net proceeds would be? I'm in WA State.
My mortgage is $127500. My sell price $210k. FSBO, so no commissions. What are my other related expenses? I'm trying to get a solid i...
Benjamin Cowles
How many letters does your 1 employee DM dept. push out per hour?
I just hired a lady that I'm concerned about her ability to just learn new things regardless of her current lacking computer skills so I'm thinking of either paying less to train or by the piece mailed. I've been able...
Tenzin Sherap
Full-time college student or Full-time Real Estate?
Should I be a full time student and be a house flipper after I graduate or be a full time house flipper? Just finishing 1 year as a student! What should I do?
Greg Todrank
How to monetize empty lots (house + 4 adjoining lots)
Hey BP.I'm looking at a house that sits on a major road. It comes with the house + 4 additional adjoining lots. I'm not sure total size, but from the photos I'm guessing 1-2 acres total.The house as a rental will co...