Roy Gutierrez
Flooded basement in rentals
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
Amy M.
Can anyone help me ballpark a residential rehab?
Trying to make a decision on whether or not to purchase a total rehab. We have an FHA rehab loan and a decent amount of money (~$100k) - but i have no idea how to quantify the cost to do all of the work. Its a 2700...
Aaron Rouser
First Bathroom Rehab - Seeking Advice (Saint Paul, MN)
Hi BP Community,My wife and I are rehabbing our bathroom in our first rental. We've replaced the toilet and have removed a small section of rotted subfloor with sheet vinyl flooring on top and replaced it with LVP. We...
Nathaniel Hovsepian
Got out first PPC house bought and sold!
Back in October, we ran one month's worth of PPC advertising on google and had great success getting motivated leads calling in and filling out our form online. We negotiated the price of this home and closed the deal...
Varinder Kumar
$30K to invest, any suggestions?
I have $30K cash and I would like to park my money into an investment. I was thinking maybe a SFR, which would put my PP at $350K, considering that would be a 5% down conventional loan which would put my payment at $2...
Adam White
Duplex profit question
I'm looking at a duplex in york, sc and I'm not sure what kind of profit percentages are good in this area so any advice from someone who has experience in this market would help me a great deal.
Larry Brown
New York State Legislators considering waiving rents for 90 days
To all landlords and real estate investors in New York State - The state senate is currently considering a bill that would waive/suspend rents for all tenants impacted by the corona virus. Senate Bill S8125A states th...
Kevin M.
Proposed COVID Tenant Relief Bill- Philadelphia
BP,
Wanted to bring to your attention a package of bills introduced to City Council on Thursday addressing Tenants' rights. Three sponsors (of 17 Council members). Some major points in the bill;
Extend the eviction...
Daniel Miller
Is it common for the Federal Government to do this many loans?
I was scanning a blog I found here on BP when I noticed the following statement.
Total private-market securitization this year: about $13 billion, roughly one week of GSE-based production. The big housing que...
Danny Shore
multifamily residential rental
Does it make sense to buy an overpriced multifamily residential rental if the rental income can
cover the mortgage payments (inclusive of PITI)?
please be as critical as possible. :D