Sylvia B.
Cap rates make no sense
I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
Nick Rose
It's not possible to get a decent ROI with a cap rate <10%
Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
Snehann Kapnadak
3 Years Later...Lessons Learned from a Turnkey Purchase
This week will mark the 3-year anniversary since I purchased my first property, a turnkey single-family home, in Kansas City, Missouri. After receiving a lot of questions from prospective investors on my purchase...
Andrew Shell
My First Deal!
Hey all, I've been studying real estate for about 2 years and just finally was able to put together my first deal. I found a nice townhouse in Flagstaff, AZ about a mile off off the NAU campus. I know personally that ...
Amy H.
Flooring Fiasco.. not sure what to do now
I closed on my first rental property last month and I have one issue that everyone said would be an easy repair but I am having an issue finding a contractor/company to fix this hardwood floor issue. I am locating in ...
Heather Shannon
General Contractors: Hire one or be my own?
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
Deborah Cavallaro
Contractors Costs Per Square Foot for Second Floor Additions?
Hi BP Community,I'm considering doing a high end redesign and addition to an 1800 sf SFH. I'd like to gut and redesign the existing first floor of the house and add a 1400 - 1500sf second floor for a total living ar...
Richard Moreno
Basement rental in Providence R.I
Hello BP,I have a 3 family in Eastside Providence RI., and I am really thinking about finishing the basement. This is one of the reasons I bought this property, the basement is huge and it already has plumbing that th...
Zachary R.
Finding Original Hardwood Under Carpet! (Photos)
I am currently turning tenants in a 4br/2ba SFH in Arvada, CO and planned to have laminate flooring + new carpet installed on Wednesday. As I'm sure a lot of you have done, I opted to pull out the old stain riddled c...
Robbie Knecht
Marketing and my first campaign
Hey BP, Alright so I just sent out my first direct mail campaign of 541 absentee owners that I got off Listsource. I sent out red postcards that have a big "NOTICE" at the top and right below it it says "I BUY HOMES"....