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Young college student looking to buy rental property.
Hey, Thanks for reading my thread, sorry if I sound ignorant. First of all, my name is Chris and I am a freshman in college. Ive been the property managers for my father's rental property for the past 3 years. I am wo...
Kiel Lindsey
Analyzing My First Deal
Hey BP world, I am analyzing my first property as an investor and I'm really excited right now but looking for a little help from anyone in the DFW and Texas areas on estimating repair costs. So the house is a short ...
Ashley Pimsner
Chicago contractors rule of thumb for costs to rehab
Hello BP community.I have been looking at several 3 and 4 flats on South side of Chicago and was wondering if some local contractors could give us a general rule of thumb for costs to gut rehab each unit?Light rehab, ...
Renee Allen
One stupid guy
When I first started appraising about 10 years ago, there was this new subdivision in Lowell Arkansas. This subdivision was your typical cookie cutter subdivision, the houses were around 1200 to 1400 square feet new ...
Tommy Ricketts
How healthy is the multi family market in St. Louis?
Looking to make the move to St. Louis among a few other places. Is the market at its prime? Has the market seen better better days? Are better days ahead? I’m looking for the opinions of people that have worked in thi...
Roxana Daneshjou
Do you negotiate on minor repairs/cosmetic issues?
We have started the inspection process, and prior to the main inspector coming in, I've already noticed several more cosmetic issues (cabinets have way more wear and tear), deck needs to be repainted and has safety is...
Patrick McGrath
4th Rental - SFR BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $109,000
Cash invested: $13,000
3 Bedroom 1.5 Bath 1,100 Sqft SF house built in 1900. PITI $750 - Rent $1,500 - AVR...
Helen Kolton
HELP ME MAKE THE RIGHT DECISION
Hi everyone,Since we are very new to the real estate investing world, I need advise.if you would have 2 options:Option 1Get a duplex, no appreciation but good residual income – 15% cap rate, in a C- neighborhood – pri...
Andrew Bosco
Furnished Rental Checklist
Hey all,
Just wanted to add some value on this rainy Sunday. Here's my COMPLETE furnished rental checklist. It also has links to products to buy. Enjoy!
1. Furnished Rental Checklist: https://docs.google.com/do...
Janice Traub
I've Found A Motivated Seller....NOW WHAT??
I've come across a Seller Listing where the seller has been communicating with me directly.Assuming the Asking price is the ARV the owner is very flexible and announced that if I can get him a cash buyer he's willing ...