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Hi all,I just found out that my property taxes on my rental went up about $1,000 a month due to a $365k increase in the valuation of my home by the city. I purchased the home earlier this year and only put in about $4...
I am going to try and keep this brief. Currently I am in negotiations to purchase a home. For reasons here nor there, I would like to back out of the deal.One of the things we discovered during the inspection was the ...
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Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...
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San Diego housing price is at and above pre-recession level. I am wondering whether the timing is not right to enter market for buying and holding (for rent) when positive cash flow seems generally challenging. It s...
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Hello Oregon BP,I am an agent in the Salem surrounding cities and tend to get a lot of house hacking clients. The issue is that not many agents do these in the and they all think the process is easier than it actually...
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Hello Dear Sirs! I am an engineer having a 9-5 job with oil giant in Houston Texas area. I am very much interested to invest in commercial real estate property as my parallel investment income. I would be very much in...
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Hey BP'ers! I've spent a lot of time looking for good multifamily deals in my area, with limited success. However, there is a 3-building property that has kind of stuck in my head. If you'll all indulge me, I'd like t...
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I am closing on a 4 plex in Bridgeport, all units are 2 bed 1 bath, and the current rents are under market at $600 against a fair market rent of 1200+. All other 2 beds in the neighborhood are renting for 1200+ so I k...
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I'm extremely torn on which general contractor to use and would appreciate any experienced investor's feedback on my situation!Situation = converting a SFH into an up/down duplex. The basement needs a full renovation ...
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Hi, Recently I bought a new home, but have difficulty to sell the existing single family home - three months on the market without a single showing. What I did so far:- Priced at 700k+ level, but reasonably with sim...