William Graves
Processes of estimating Rehab Costs amd determining a good deal
I have just finished “The Book On Estimating Rehab Costs” by J Scott, and I’m curious what formats and strategies you intermediate/experienced investors have to estimate your rehabs? Do you guys use a specific “fill i...
Mathias Kwadi
Potential Tenants Request A Month Wait To Lease Them Unit
I’ve got a middle aged couple who want to rent my 2 bed 2 bath, 900/ month in McAllen Texas. However, they’re requesting I hold the unit for them for a month! Any suggestions, how to proceed? it’s my first time dea...
Mike Montana
Advice needed on how to account for differed Cap-Ex in offer
So I have been analyzing an opportunity to purchase a property with 33 units. After doing the Preliminary evaluation of expenses and revenue we come to the conclusion of what we believe the property is worth on paper....
Jorge Sosa
How and when do you calculate repairs and expenses ?
Hello BP community, I'm new to real estate investing and I'm thinking of getting my first rental property this year. I've been already networking with people, studying, and doing my due diligence to inform me well of ...
Jude Cineas
How short term rentals can change you.
Short-term rentals can provide several benefits for property owners and investors. Here are some of the key advantages of short-term rentals:
1. Higher Rental Income: Short-term rentals can generate higher rental inc...
Chris Dickerson
Buying a house without a Realtor
Greetings BP,Recently, someone offered to sell me a home after hearing about my research into REI. They inherited a duplex and just want to offload it, as it needs a good bit of renovation. They offered to sell for 68...
Brad Stein
MTR Cleaning and Fees
For those with experience running a fully furnished MTR, curious about the following:1) what fees do you charge for cleaning ?2) do you charge separate fees for periodic cleanings and turnover cleanings?3) how often d...
Oren K.
Bank Statements & IRS Forms in DD??
As a Canadian looking to invest in commercial in the US, I (not surprisingly) do a fair bit of reading on the topic. According to a number of books / articles, it is NOT uncommon to request several years tax returns a...
Giora Sela
Deal analysis - 5 unit $670k C class in Carolina Beach, NC
Only have experience with Single family and would really appreciate anyone who can share their input!Build in 1983, 5 unit 2nd row from the beach rented on a long term basis. Rents - 3br $1250, 2br $850, 1br $750, $67...
Marty Rogachefsky
What Are Your Views on Appliance Protection Plans
Hey everyone!We had to buy a new fridge for our rental property, which cost about $1000. I'm wondering if we should get the Lowe's 3-year protection plan with it. It costs $150 and they deal with maintenance issue. Do...