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I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
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It was a nightmare which only made me $4k. After securing the deal, the buyer made my wife and I go through three-feet deep of snow to "winterize" the house so there wouldn't be any plumbing issues.It was a 2 hour dri...
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Good morning. I am in the process of updating/furnishing a new property. I am set on furnishings and housewares/linens as I have my old standbys for everything at this point. The thing I consistently struggle with ...
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I am considering buying a property that was built as a two unit but is not zoned as such in baltimore CITY. I want to split the electrical. Is there any way for me to get a second meter there? Or perhaps wire two ...
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I read previous posts about Q/K, helpful but they seem to have ended in a bit of a coin-toss.I plan to go live with a small 1bd/1ba ski/golf area condo (think humblest little place in the whole area, but clean and con...
Hi everyone !I recently got accepted to a MSRED course in NYC. I have about 10yrs experience as an architect in NYC, working in large scale nyc projects for notable arch offices. I am interested in transitioning into ...
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Hello BP, I'm an investor in the Spokane area but live in San Francisco. So far I've built a portfolio of 15 units in multifamily and I'm looking for more deals if I can find them. I'm going to be back in town for Blo...
I've seen the rule of thumb that you shouldn't buy a property older than 30 years for value-add multi families. In some markets (like Cincinnati) the up-and-coming areas consist of properties that can be much older; b...
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Submit your deal - any deal - here for "underwriting", let's see how we can collaborate, review, comment, harass (kidding), and give input on your next up and coming development deal.Scott
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Good afternoon BP,I recently got my first property rented. I needed to rent fast so I lowered the price from 2200 to 1850. The Management company gets ten percent 185. The Mortgage is 1500. I bought the property n...