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Results (7644)
Brian Morgan Rehab Budget
13 February 2023 | 7 replies

Hi All,

Been lurking for a few months and soaking in all the great information here at BP! Thanks for all the great info!

I am going to be taking on my first REO flip here shortly and feel I have all my ducks in a r...

Account Closed Old Houses
10 June 2020 | 7 replies

What is considered an OLD HOUSE? Is there a certain numbers years old that I should avoid? What are good ways to tell if a old house is a good buy?

My biggest worry as a new investor if the house will last...

Ed Shin Calculating Adjusted Cost Basis?
12 February 2018 | 6 replies

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...

Mary Umoh Advice Needed on Converting Single-Family Home Zoned RM-1 to Multifamily in Philly
30 September 2024 | 8 replies

Hello BP community,
I’m currently exploring the possibility of converting a single-family home in Philadelphia, which is zoned RM-1, into a multifamily property. I’d love some guidance and insights from those of you ...

Daniel J. CapEx Thoughts for Small Multifamily
24 October 2016 | 24 replies

I'm currently looking at a duplex plus a detached garage apt right now and curious if any of y'all have thoughts on what I should allocate on CapEx. I currently have my numbers as $200 per door, per month, so $600 a m...

Jacob Chaney Complete Rehab in DC: How many bids should I get
25 November 2013 | 9 replies

Hello All,

I'm closing on a 6 unit apartment building on Capitol Hill by Dec 6. and two of the upper two units have been gutted down to their walls. These will need complete rehab and renovation.

This ...

Marcia Maynard Storage Locker Dilemma: What would you do?
14 August 2014 | 34 replies

BACKGROUND:  Tenant eviction.  Tenant did not even begin to move out, even after the judge ruled in our favor.  Stayed until the Sheriff lockout.  Was not at home at the time. Single mom with three elementary school a...

Parul S. Inspection report - To buy or not to buy
15 May 2014 | 18 replies

I have agreed to buy my first SFH investment property from a TK (turnkey) and just received the inspection report. The SFH is 60 years old but was represented as being "fully rehabbed". The inspection report is con...

Myles Daniel Lima One Capital Hard Money Lender...stay away!
11 September 2023 | 67 replies

I just wanted to copy and paste the review I left for Lima One Capital. Feel free to send my a note directly if you want more details. I'd just advise against using them as your lender. I've been in business for almos...

Maria Robinson New Member: Designer/Stager
2 September 2017 | 3 replies

Hello BP Family! Just wanted to introduce myself, my name is Maria... I am currently transitioning from being a law enforcement supervisor (where I have been for 5 years), to running my own interior design and staging...