Bastian Kneuse
Lead-Based Paint - Waiver
As part of an sales offer, i was asked to sign a document that says that i am waiving the opportunity to conduct a risk assessment or inspection for presence of lead-based paint hazards in the housing. Based on the se...
Benjamin Riehle
Flywheel Effect of House Hacking, Turning Snowflakes to Snowballs
Nearly everyone (yes everyone, not just you), in the infancy of becoming a real estate investor has the same coming to Jesus moment, which typically goes something like this, "Sure I can buy one house, maybe even two....
Armando Payano
Value add multifamily / Post renovation refinance.
Need your help BP,Analyzing the potential refinancing results of a value add multifamily property. Purchase price $1,000,000Units: 20Average market cap rate 6%The apartments appraised at $1,050,00 using an income appr...
Sean Bramble
STR construction loan
Hey everyone,Was talking to my agent today and she suggested I consider building vs buying an STR since the market i'm searching in is super tight right now in terms of supply. I was previously planning to purchase an...
Mose Gebremeskel
Painting tips on a house hack
We recently just purchased our first property that we will house hack. The other unit - we are looking to rent out has stuff all over the way (I believe kids wrote on the walls and paint). Do I need to clean the wall ...
Tom R.
House with non grounded outlets
A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
Sam Dal
Filing individual K1s in the states
GuysThis is sort of a continued post from the thread belowhttps://www.biggerpockets.com/...I have a few k1's with syndicate and ATM funds which have invested in many states (12 for me). I spoke to my local CPA and he ...
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Mario Cuartas
Teach me about Hard Money.
Hello Everyone, I am looking for some education on Hard Money. When I purchase a property with hard money, do I still have to wait for 6 months before I can refinance? Or is hard money considered the same as cash, so ...
Naga A.
Ceramic tiles in bathroom.
The tenant is asking for ceramic tiles being laid for half bath where the tile is breaking apart as you see in the picture. I asked an estimate from my property manager and they quote me for tiles at $800-900 and vin...