Khaled El Dorry
Putting a value on lot size
Hello,I have a property under contract in the 1st ward of Houston. There are a 4 houses that sold for very attractive $$$. They are all in the $1200-$1600 sqft range. The house I have under contract is 730 sqft but...
NA NA
Upgrade or sell
Ok you have a rental property for 7yrs the hvac needs to change or roof needs replacing What would you do?Upgrade those items and keep renting or sell off at discount? And how do you fund those repair items?
Dennis Y.
Condo-op / Coop / Condo for 1st time foreign buyer in Manhattan
Hi, I recently signed up to this site and find it very insightful. I am not a U.S. citizen but have live in NYC for a year and am some what familiar with the different boroughs. As a first time investor in property,...
Ivy Flowers
How much value does finishing a basement add to a property?
I am working on a flip for a property in an A neighborhood and debating if I should finish the basement. The house is a ranch so the basement is huge, there use to be a kitchen down there as well so all the hook ups a...
Yulanda M Weather
Purchasing a triplex with a non paying tenant in New Jersey
Hi BP, I would like some advice on a triplex I will be acquiring on June 30, 2021. The current owner disclosed that one of the tenants (occupying the biggest unit) has not paid since April, 2020. His lawyer filed the ...
Angelique F.
Converting from Boiler to Furnace - The Copper Question?
I just got a quote for the conversion but when I asked about keeping the copper in the home, the price went up 300 bucks. Huh? This particular company claims to offer deep discounts on the removal of the boiler/radi...
Minerva Stewart
Buyer's Agent Commission
What is a standard commission for buyer's agent? And if I don't find a property through agent, is there a flat fee I'm supposed to pay. I recently reviewed a buyer's agreement which stated 3% on gross selling price, p...
Rick Camacho
Problem Tenant
BP community! I am negotiating a property which has a tenant that has failed to fail a single dime of rent for eight months to it's current owner and am working on how to get him out. (NOTE: tenant has expressed int...
Account Closed
Mortgage or no?
Hello all!
After reading about benefits of being a landlord, I have finally entered into sales contract of my first investment (kind of, will explain) condo!
Sales price is $280k and with $500 HOA and $600 tax month...
George Frye
Note Evaluation
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...