Mary Jay
Leak-file a claim with insurance?
Hi guys,I got a leak in the kitchen. What does insurance usually pay for?I dont want to file a claim if thats something that insurances normally dont pay for...The leak is in the kitchen, its pipe that connects my re...
William Coet
Negotiating With Fannie Mae After Post-Offer Inspection
Fannie Mae allows a 10 day inspection period after they have accepted the offer and an earnest money deposit has been provided. Can anybody explain if the price can be negotiated if problems are found with the proper...
Griffin Stephens
Rehab Budget (basic question)
This may be an obvious question, but, where does your rehab budget typically come from? A loan? Cash you already have on hand? Thanks.
Fed Finjap
Operating Expenses to account for in Chicago market
Hi BP forums,I'm currently doing research to figure out what a buy and hold on a small multifamily property (2-4 units) under $800k would look like in the Chicago market. For context, I'm only at the very beginning of...
Andrew Vogt
Turnkey SFH
I've never invested in a turnkey property before. I typically go for rehabs, but I feel like property is too much of a good deal. I just want some input from others to assure I'm not missing something!
...
Katelyn Gardner
Brrrr with tenants on a lease
Hello,
First post here! I’m looking to do my first Brrrr on a duplex in Tx. Each side is a 2/1. Current rents are at 750/900. I believe I could get 1300/side after renovations. Duplex needs new flooring, new drywall ...
Chris L.
New to investing, looking for input on house purchase
0 votesNo votes yet
Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easie...
Miles Stanley
Are these drywall cracks a sign of something serious?
Hello BP,I walked through a property the other day and i noticed these types of cracks in the drywall. The structure was built in 1985, condition of foundation is unknown. In your expert opinion, do these photos ind...
David Robertson
Construction Loan Required?
I am currently looking at several properties that are REO or HUD listings to flip that have varying remodel requirements. A couple of the properties with the most potential are not eligible for a conventional loan b...
Konrad L.
MF Insurance: Actual Value vs. Replacement Value Opinions
Hello Everyone,I will be closing on my first MF investment property in about two weeks. One of the things left is to pick out homeowner's insurance. I've been shopping around and have gotten different quotes for Rep...