Tyshawn Best
Appraisal/ Refinance first or Get Renter First?
Hey so my first property is completed!!! I’m in the process right now of finding a renter. My loan is through a hard money lender that I’m planning to refinance. I was wondering though, should I get a renter in first ...
Courtney M.
Where to Splurge
Hey all! I am looking at some properties in, lets say, up-and-coming parts of Los Angeles. When estimating my renovation budget, I have a tendency to go towards picking things that are MY taste, but not necessarily th...
Andrew Kutscher
Using my paid off home to jumpstart rental property Investing
Hello BP,I'm writing here in hopes to weigh my options and get some advice from those who have more experience in rental property Investing.I currently own a duplex, and the rental income has made it so I only pay abo...
Linus Le
Software tools to use
What software and tools do you use to analyze cashflow deals for long term, mtr, and str for buy and hold properties? Thanks
Nancy Durso
What Is Cap Rate? A Key Metric for Real Estate Investors
The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings. Real estate investors rely on cap rates to analy...
Wayne Mack
203K Tenant Occupied Unit
Hi,I am a relatively new investor, I haven't closed my first deal yet. I am looking in my area to purchase a property using the FHA 203K loan as I don't have a ton of cash for a down payment.The issue that I am encoun...
Will Mejia
Fixing current rental or selling?
I own a 2 flat brick building in Chicago. Over the years some brick cracks and other outside work has accumulated. Some concrete areas around the building need to be fixed. I would guesstimate 20-40k in repairs. I h...
John Hua
Section 121 question
Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...
Marc Cleverley
ARV
I'm not a real estate agent so I don't have access to the MLS. With that being said when calculating/determining ARV should a comp that was recently flipped "weigh"more than a comp non-flipped house? Is there any way ...
Daniel Robertson
Clawfoot Tub foot keeps coming off
So I have a historic home in Salisbury, NC built in 1900. There is a beautiful clawfoot tub that is original to the house. However, the foot keeps coming off and the tenants don't use it for fear of it falling over wh...