Nicole Pagan
Budgetting for County Tax Deed Auction
I'm sure I'm an oddball here on BP...not a pro, but a renter who wants to buy her primary residence at a Tax Deed Auction. In my state, I own the property on the day after I've paid cash for my winning bid.
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Kel S
Question on roof repair and code question
Hi All,
It's been a bit since I've been here. Glad to be back. I have a question for you all. We are looking at a 3/1 that is 1070 sq ft and in a nice area. The house overall is in very nice shape and you can tell t...
Kristel Lim
About to reroof my investment property
Hey investor friends! I haven't done any reroof on houses before and I am about to get my roof completely tear off and replaced. It is a big purchase and was wondering if anyone could give me advice on what to ask the...
Kaybreh Mathis
Tenant Refusing to Pay
Hello! My husband and I bought an apartment building last month. Apparently, there was a leak roof in a unit that the previous owner was aware of but we were not. After several days of heavy rains, a tenant (who we ha...
Heather Pelletier
If you rehab a property completely will expenses be less?
I have a question? I understand the 50% rule for the most part but am unclear about what expenses it includes. If you purchase a property and rehab it completely is it safe to assume your expenses will be slightly l...
Adam Lovell
First Investment - ADU House Hack (Tampa Area)
Hey all,
I figure posting here will give me some additional motivation to document. My wife and I are closing on an ADU house hack in the Tampa area and couldn't be more excited about the opportunity to both save us...
Ryan Zomorodi
First Long DIstance BRRR! Foundation + Basement Water Issues REO
Hey BP Community-I'm working on my first BRRR - and it's turning out to be quite the challenge.1925 built multifamily property in Cleveland, OH, purchased as an REO (AS-IS, buyer assumes everything, no disclosures, et...
Elliot Vann
FHA Loan with high returns but no cash flow...???
Background:I live in a city in New Jersey with a high bar to entry that requires a sizable downpayment. Even though I could have the money to put down or find investors it would be much preferable to not have to use a...
Chidi Osuji
Repair Credits - When the seller says no
So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
Ruben Kanya
Is an HOA a deal breaker for a cash flowing quad?
Would you have any pushback or concerns on a cash flowing quad in an HOA community? Is the HOA a deal breaker for you? Slight concern or major concern? If so why?I was speaking to a partner in my network and they had...