We are challenged with structuring a lease option on the property that is market driven for the area.The home was analyzed at $250K. The rental market is $1700/month.What are the formulas for this area that will maxim...
Hi everyone. So my mom just had her previous tenant leave her rental unit. It is a zero lot line in Eagle River. Approximately 2084 sqft, 2.75 baths, and 3 bedrooms. We are in a situation where the house needs a nu...
Recently, we were trying to purchase a few homes as an investment and went out to look at the comps in the area. They did not compare to the properties we are wanting to buy according to the MLS. The comps for example...
I know some people have probably done a lot of turnovers in their careers. I'm just curious. Does your deposit typically cover the entire turnover? I'm wondering because if it doesn't, that would take a chunk out of y...
Hello all,I've been a BP "lurker" for several months, but now have some money to invest and would like some expert feedback.I am looking at a triplex in a good neighborhood, in a small "artsy" town in central New York...
I am hoping a contractor can share some knowledge here. I am interested in this property:[IMG]http://i59.tinypic.com/2jadutv.jpg[/IMG] http://i59.tinypic.com/2jadutv.jpgWhat style would you call this house with the bo...
I'm managing my parents' condo right now, which is a new construction building in Gaithersburg, MD. Since it's new construction, we still have access to a warranty from the builders that expires in a month. They have ...
I took over a relatives mortgage! They didn't want any money! The just wanted out of the loan! Plan to Refi the property in my name! Whats the best way to do so. Also how do get on the deed.
I have an 8 unit under contract and expect to close within a few weeks. (its 2- 4 plexes) Owner has owned for 15 years and pretty much does not raise rents after someone has moved in. Rents are anywhere from $150 t...
Hello,
I have a dilemma I looking for some advice/thoughts on regarding a BRRRR property.
Background: Two-story 4/1.5 SFH purchased for $25,000 cash. The cash was pulled from some 0% credit cards (not as advances)....