Mike Penn
Flipper Analyzing my first Multi-family Deal
Hey everyone-My wife and I recently were approached by someone who offered to sell us their 4-plex in Dexter, MI. Dexter has been one of the fastest growing markets in Southeast, MI and is a great little town. My wif...
Zainab Ariyibi
Is this Lease Option sensible to invest in?
There is a wholesaler that has several homes under a lease-option program for sale. I'm a new investor and are looking into several ways to build my portfolio. I've heard about lease options, and I am reading the p...
David Van Brunt
Are the Rent numbers of Rent-O-Meter accurate for Chicago area?
Just getting started, and looking to buy first rental property an Norther suburbs of Lake County. Given high property taxes, my calculations are very sensitive to rent assumptions. Have check numbers on Rent-O-Meter a...
Abby Truesdail
HOA street fund - challenge
I am the corner Lot ( left side) of a 10 home HOA on a private street in Ohio. There is $800/yr fee. $300 of the annual fee goes to a “ street fund for when the street needs repaved ( this kitty is up to $21k). The...
Nathan Wierzgac
Airbnb’s and STR’s Regulations
I’ve recently started researching markets for my first Airbnb property and I’ve come across a lot of cities/counties that do not allow short term rentals. Yet, when I look at Airbnb there are operational Airbnb’s in t...
Matthew Hodge
Applying the 2% Rule to Improvements and Additional Items
I've got two questions, but they're related. First of all, how should we apply the 2% Rule, or another similar guideline, to improvements? Specifically, I've got a triplex that doesn't have central heat and air. The t...
Robert Fountain
Renting a "dated" property.
Hi Everyone. Trying to figure out the best way to phrase this question...Is buying and renting a property that is structurally sound but otherwise dated with regards to kitchen, bathroom etc common practice? The com...
Kimberly H.
Applicants & showing prospects who won’t take “No” for an answer
Wondering if anyone else runs into this where people refused for showings or had applications rejected keep attempting to get a showing/ get the home rented??We are not renting the Taj Mahal for $1/month here, are not...
Joe Gee
1st flip! Need help choosing contractors...
Hello BP, I am currently doing my first fix and flip and Im using sub contractors from other investors I work with. There's two contractors who gave me prices for the fix up of the outside. I'll spare the details but...
Account Closed
finding buyers for owner carry properties
I have a nice 3204 SF house that was built in 04. I'm willing to owner carry, but so far only tire kickers or people with only a 2k to put down. That's not even enough for closing, and insurance. The home is move in r...