Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
Hi Everyone, First, thanks to those who advise me to refinance our old primary to buy a new home. We just finished refinance and use it as the down payment for a brand new house, and it will be closed in couple days. ...
Hello All,
I'm on my way to start a new career in real estate investing. My question is based upon generality and personal opinion (hopefully in Tri-State Area of MD, VA and DC).
Until now, I have been ...
So here is my scenario. I own an investment property in Louisville, KY and I am looking to acquire adjacent parcels (specifically 2) in order to develop and build 50-70 units. I have made contact with adjacent prope...
Hello Developers. When you're seeking to purchase for land to develop, and the seller is not interested in selling, what do you do? In the mind of the seller, why don't they sell? How do you over come objection? Ho...
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
The duplex I have under contract has a few minor things to repair. One of the things I'm most concerned with is the HVAC system. The exterior unit and the furnace was manufactured in 1987 (which is when the house w...
So, stupid question... Is there EVER a time when it would make sense to buy when there is no equity in a property? For example, a house is in very good condition, and the seller is motivated, but has no equity. Wou...
Hello All. I am considering buying MF property with septic system. In both units family with kids and I worry about controlling stuff that can go to sewer system. The house is 45 years old. I do not know the condition...