Jill Drebing
Seepage in basement after sale of flip
We purchased a home on April 26th this year. It was a vacant foreclosed home being sold as is. Had a sale inspection with City, posted escrow and proceeded to rehab the home. Completed all required repairs and upd...
Raj Vajir
Analyzing numbers on a 4plex
Hello All,I return to get expert opinions again on a purchase I am considering of a 4plex unit (2x2 and 2x1).Asking: $250kOffer: $210kSeller agreed at $220kCurrent Rents: $2250/monthProforma: $2500-$2600/monthWater is...
Angel Garibay
Refinance FHA into conventional
I own my house on an FHA loan and I am looking to sell it in the next month or so. The more I get to conversing with people around the neighborhood I find out that a lot are military families and a lot of them are act...
Justin Brooks
Senior Housing Development
Investment Info:
Other commercial investment investment.
Purchase price: $360,000
Cash invested: $690,000
Senior housing is the fastest growing opportunity in the national housing market of which the...
Bryan Sandera
Is Airbnb currently legal in GR if you don't live at the property
Hello Grand Rapids BPer's,I went the RPOA Expo this pass weekend and became very interested in trying out Airbnb on a property I have in Heritage Hill. A few ladies behind me told me they think its illegal? Looking ...
Jay Underwood
Radon, termites and all the goodies!!!
What's up BP! We have a question as we have limited experience with properties that have so many issues. We have a 2br/3.5ba under contract. As I've learned through BP, we got the property under contract at a higher p...
Edgar Villanueva
I just rented my first destination property in Puerto Rico!!!!
After about 6 months of rehabbing, finally I just rented my first home in PR!!.....very excited of what the future may bring.....!!!
Lynwood Washington
Beginning Stages of Purchasing Rental Properties
Hello to All, My name is Lynwood Washington and early preliminary stages of planning to make strategic moves to purchase my first rental property. I have one property right now that has a good amount of equity in the ...
Inderpal Chadha
Custodian due diligence
Hello BPiansI am closing on a house in a week and plan to use my IRA funds for down payment.I am considering using Mountain West IRA out of Idaho and I am based in Seattle area. Has anyone used this company before? Pl...
Ki Lee
LLC for rental property?
I have 2 rental properties in Utah and Illinois. One is a single family home and the other is a triplex. I bought them using my personal name. I do have umbrella policy to cover potential liabilities. Is it still n...