Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...

What are your biggest regrets/mistakes in the Newark area? What do you wish you knew when you first started? For me it's to be more on top of my tenants' rent payments because I had to evict someone after 3 months of ...

Hey Guys!I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?Year Built: 1960Roof was repla...

I am a builder and I have some land and want to build a tiny home park.  I could Zone the land as a manufactured home park. But can I build my own tiny homes? Will the bank loan on them if i own the land and building ...

I'm under contract for a duplex in Port Richmond. It does not have the proper zoning but it is build out correctly. It has separate gas, electric, two hot water heaters, etc. Has anyone been successful in going throug...

Hi All, and thank you for your help in advance. I have an opportunity to purchase an investment property that is NOT ON THE MARKET yet. Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or s...

Hello BP Family,I recently purchased a quadplex and the insurance company is asking for an internal inspection. Quadplex was made in 1987.  About the unit the roof is about 5 years old. HVAC one is 8 years old and the...

Hi all,I'm looking at a package of properties and most of them were built in the 1950's. They're throughout North Carolina in various small towns. I've never bought a property that age or in North Carolina. Is there a...

I am currently in the process of reviewing a contract from a property management company, and I came across a clause that raised some questions.The contract stipulates that a sum of $500 per property, up to a maximum ...

This home is a duplex, built in 2006, each side has 4 bedrooms and 3 baths with hardwood floors. Each side is currently rented for $650/mo.

Initial price: $64,900.
We offered $67,500 and lost to a $68,000 bid. The cl...