Stephen Keighery
Buying a house As Isn't
I buy houses As Is all the time but I learnt a lesson yesterday. I have a deal I contracted about 6 months ago. It had to go through succession (most of you will know this as probate, we call it succession in Louisian...
Vincent Plant
Removing a Section 8 tenant the right way?
I am closing on a property next week that is tenant occupied by a section 8 tenant that I will be inheriting. My plan is to either flip this property or to do some work on it and rent it out for much more than what se...
Tony Thomas
Help with Analysis of Multifamily
I’ve been presented with this deal. What are some red flags I may be missing in evaluating this?
TERMS
- Deal Type: Seller Finance
- List Price: $580,000
- Purchase Price: $780,000
- Seller Carryback: $693,000
...
Dong Yan
how to handle the existing tenants
in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...
Joe Bruck
Appraisal in Baltimore
Does it make sense that my appraisal came in at only $35,000 ? for a 4 bedroom ,1 bathroom ,1500 sqf house in zip-code 21216
Jonathan Santana
Increasing rent on new property
Greetings BP!We are in the process of acquiring a four-plex through an FHA loan and will be house hacking the property. After assessing the market through the MLS with both properties that are up for rent and that hav...
Matt Juels
Top 5 things YOU are looking for in an investment property?
Hi all!I'm doing a bit of research of RE Investing and wanted to get some feedback.What are the top 5 things you are looking for in your investment property? Please clarify if you top 5 is a rental or a flip. Thank ...
Andres Bernal
Upgrades to boost your rent
Hi guys,
I’m a investor with a few units ( multifamily mostly) in Connecticut. My rentals are in the new haven county and I’m wondering what kind of upgrades you guys are utilizing to increase rent or to maintain a g...
Jonathan Sowinski
Fixer-Uppers...how nice to make them?
I am in the process of closing on an 8 unit building in a great neighborhood. The property has been poorly managed in the past and we feel that there is a lot of potential to tap into there.
Our goal is to renovate o...
Account Closed
Do Do I need central air?
I have an SFR in Indiana. The property has forced air heat, but no A/C. Originally I planned on installing central air. But I’m beginning to wonder if it’s overkill. It’s a very small 2 bedroom bungalow (700) sq ft in...