Hello all,Thank you for your patience. We are new to his site and also the whole flipping idea.Ok here goes. We hear a lot of stories of people looking at making at least say 20K profit on a flip and using the 70% rul...
Newbie landlord here...My tenant has been in our SFR for about 6 weeks. Prior to that the property was vacant for 3 months for rehab/renovation. She has now texted me saying that she has seen mouse poop and wants me t...
Hi community,Need help I own a property that I completely remodeled into a 3 bedroom 2 bath that’s 90 % complete. I took out a remodel loan from ground floor. I have extended my loan with them but because of coronavir...
I'm doing a mixture of ways to search for properties in the Baltimore area between homepath, driving neighborhoods, and the real estate websites. What are your all thoughts about looking up the public records for stre...
Wondering if I can get a few opinions on this potential purchase?PP $210kDP $15kRequired roof repair $15kInspection currently taking place this morning so unknown additional repair costsCurrent rents $2345 Owner paid ...
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
I've never done a flip before. Some things are obvious, like baseboards, drywall, and cabinets have to be done before painting. Does flooring have to be done before painting? I assume everyone can work at the same tim...
I thought I would share this with the BP Community as it lists markets that have the largest rent increases from Q4 2015 to Q4 2015. Any on here surprise you? What surprised me that 1/2 of the markets where relatively...
I'm a long term rental investor but lately been thinking about trying an Airbnb. One of the main reason for my hesitation though is my time. The nice thing about long term rentals is that once you have a tenant, it re...
I have a duplex under contract to close April 28th, and I'll be flipping it for a new toy. The toy is an expensive one, and WAY more than I could justify spending. So I thought "What if I flip a property to pay for it...