Charles Ma
New Construction Condos in San Francisco - Sell or Hold?
Hello BP nation - I've got a development project in SF that I'd like to share some details on. I'd like to just get this project out of my own head for a bit and try to solicit some different opinions on exit strategy...
Jonathan McClintock
Completely gutted house and estimating rehab costs
I met with a guy yesterday who is selling a house in St Louis. He has completely gutted the house, roof is only 1 year old, inside is just studs. There is a "newer" electrical panal, but that is basically it. Will nee...
Account Closed
How to properly vet a lender?
Hi all, I was just wondering how you guys vet hard money/private money lenders? Hopefully this does not offend anybody here, but alot of private/hard money lenders I've come across really give off a scammy vibe! How c...
Preston Humbard
Help we're stuck and coming down to the wire!
To keep it short and simple my wife and I are currently trying to sell or rent out our home. We have to move by the end of May and have no choice in the matter. That being said the house has been on the market for alm...
Carl Teravainen
Wood floor damage assessment
Trying to determine deposit withholding for wood floor damage, primarily from dog nails that, I believe, were not maintained, in addition to general lack of cleaning and carelessness. These types of scratches are ove...
John Taylor
Gutting a home and estimating the cost.
I am thinking about buying a condemned house in western Virginia. The home was built in 1898 and is 1456 sq ft. The cost of the home is $20K. I have had a contractor inspect the property and he said that it is structu...
Joshua Feit
Motivating a contractor at the end of a project
Greetings BP!I have hired a contractor to help me with a rehab in downtown Atlanta. We are fixing the house to solid rental condition, and then I am going to hold the property.The work is 95% finished, and the punch l...
BeBe Cheng
A real estate novice investor in San Jose need help!
Hi:
I started investing in real estate in 2009. I bought my SFH properties mainly through short sales.
Since I did not educate myself very well, I got myself into a big trouble. I signed t...
William Gunther
Need strategy advice
I purchased a home in the Midwest (purchase price $45,000) with an ARV of $150-160k) repair cost will be around $42-46k. My initial strategy was brrrr but I have a 12 year fixed rate on purchase at 4% I owe around $32...
Mike Carroll
Strategies/Methods for STR Investing in a HIGH market.
Hello all, My name is Mike and I am new to BP and brand new into the world of REI. I am so excited to join this amazing community of bright, helpful individuals! I have recently finished a vacation home located in Bet...