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Results (10000)
Jocelyn Hinz 10 plex analysis
15 January 2015 | 7 replies

Hello everyone,We're looking at a deal and would love some input from some veterans. This is a 10 plex in our town, just five minutes from our house. We would do the property management ourselves at least initially, b...

William Huston Buying vs Renting the home you live in? Please explain why
17 March 2019 | 5 replies

Hello All, I am trying to make sense of something that keeps being brought up on numerous investment media I have listened to or watched on youtube, but I just don't understand the reason behind it that makes it bette...

Gerard Scranton 1st investment issues! Need some insight.
14 July 2023 | 10 replies

Hello BP Fam!
I'm currently under contract with my first investment property. It's a 2/1, 1596sq ft, .88 acre. It has a 1200 sq ft. detached garage with electrical and HVAC already installed. Future plans is to conv...

Nerissa Marbury Charging tenant for stove repair that equates to replacement
16 November 2018 | 56 replies

Hi there,ISSUE: A tenant informed me she is responsible for cracking my glass top range and wants to know next steps for getting it repaired. The glass top / cooktop part is no longer manufactured. If the part was ava...

Andy Tomaswick 70% Rule Question
26 March 2016 | 2 replies

Hi All,I had a question about the 70% rule.  I understand that you're supposed to take 70% of the ARV and subtract out rehab costs.  What does that 30% that's taken out cover?  I'm assuming it's covering things like c...

Dean I. Made 22k on my first flip without any of my own money
29 March 2017 | 26 replies

Numbers (rounded to nearest $100)1350 sf3 bed, 2 bath1 StoryNo GarageListed Price $45,000Offer/Purchase Price $50500Original Estimated Renovation Cost $17000Renovations $20,000ARV $106,000Sold $109,500Closing Costs at...

Brian Drawdy Georgia rookie investor, about to pull the trigger.....MAYBE!
24 March 2018 | 5 replies

Thank you all in advance for any input.  I have been interested in RIE for a long time, but I have always been too chicken to give it a shot.  I am trying to lock up a deal, and want some input as an exit strategy.  I...

Andre Brasser How to accurately estimate hard money costs?
2 January 2016 | 9 replies

From reading BP articles and listening to BP podcasts, I’ve learned that hard money costs will be dependent on the project, not the individual’s income or credit score. Therefore, you won’t know how many points or wha...

Todd Mims Cost of breaking a lease
16 January 2010 | 8 replies

I am working with a guy overseas now that tells me that he can't wait until September so he can get out of his lease, although, no one will be staying there the next 9 months. I asked him why he didn't pay to get out ...

Robert Smith Security Deposit - Receipts For Repairs Done By Landlord?
16 April 2020 | 9 replies

From my understanding, if the landlord wishes to deduct any amount from a security deposit after a tenant moves out, the landlord must provide an itemized return letter with receipts for each reported issue.If a major...