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Hi!I found this great little deal of an apartment building in a major metro area. I figure the units are renting for $2300 each (it's in my neighborhood), down the street from me). Building's cap rate is 4% which is t...
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After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
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I'm looking to replace 12 older air-conditioning units that are through the wall models. My HVAC guy is telling me that I cannot use conventional wall unit air conditioners and the one that he is proposing will cost...
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i want to possibly use hard money this year to grow quicker and can you use them for new builds who should i use and any tips? ( im in Wisconsin )
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3 - 4 weeks ago, I closed on another property which will be a hold property (rental) and I may sell it after about 5 to 10 years as a rental.. Now, that property needs a full rehab and I'm doing 95+% of all work myse...
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If you can only add 1 bathroom or 1 bedroom to a 2BR 1BA SFR for a buy and hold strategy, which would you choose? What are your reasons?
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $850,000
Sale price: $1,250,000
Off market owner was in financial distress and walked away with $200k after all his...
Hi Everyone,I am very new to real estates. I am buying my first house and I have an option of adding an extra bed and extra bath to my home construction. By default home comes with 3Bed and 2.5Bath(1788 sqft), but the...
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I closed on a $10,000 2/1 house in Lincoln, NE last week and I'm just curious to see what the BP community has to say.The house is in a good location and every house on the block is currently a rental. It's assessed a...
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Hello folks,
I have heard from the podcasts here on BP that adding a room is an opportunity to increase the value of the property. I don't see this as a big expense if it were on the first floor but what if it were ...