Hello,
I am a starting investor. An older lady wants to talk to me about selling her home. She informed me that the house needs a lot of repairs and she has never gotten an appraisal, therefore has no clue h...
We've all heard about the .5, 1, or 2 percent test, or the rent to purchase ratio. However, based on your experience, what is our local, Knoxville "test"?If you would rather it broken down into neighborhoods, what wou...
Hi everyone! I wanted to say hello and introduce myself. My name is Sherry Lewis and my company name is New Days REI, LLC. I just got licensed in July. I did have one previous gut rehab I did in 2004 (pre Katrina ...
I am interested in a building with 3 comercial spaces, and 30 appartment units on top (around 34K sqft). The building needs a full rehab. It looks structurally sound in the outside, but it has holes in the roof, floor...
Hey guys, I'm all nerves so tell me everything's going to be fine please. I just got the ball rolling on a 4plex. Assuming the numbers all check out and the inspector doesn't find anything deal breaking I have some qu...
Hello BPers!My goal for 5 years has been multifamily investing. My friend house hacked his home. I've rented a room from him($700/month) 3 years to keep my expenses low. I've been able to save 20% down. I placed on of...
Hello BP community,I'm looking to avoid having to replace a roof. It's probably about 20 years old, asphalt three tab shingle, black (gray now due to the wear and tear). No leaks, no damage from plywood on the undersi...
Hi everyone, I am under contract on a three family in Manchester, NH, I feel pretty good about the numbers but would like some reassurance that I'm not underestimating and its a deal worth going through on. My home in...
We are starting a fix/flip in Sunriver, OR. We had an idea of what we wanted to do on the exterior, but are rethinking. It currently has a roofline that comes all the way down to within a few feet of the ground on one...
First time post here. Looking forward to gaining as much knowledge as possible. Last July I purchased my first investment property. It’s a 3 family (3br, 1br, 1br). Newer roof, siding, windows. It’s an early 1900s hou...