Vijaianand Thirunageswaram
New Build Project - How I started out?
Howdy folks,I am always excited to share with you all the projects and lesson learned. Recently, we are doing new build in the Acres Home area. It's slowly changing like other parts of Houston. There are lots of new h...
Jackie Nguyen
Commercial real estate rehab loan
Hey folks, my parents and i just bought a commercial building and plan on making it into a restaurant. I was wondering what options we had to get a loan of approx 300k to fix up the property. The building is in our LL...
Michael K Gallagher
Some fantastic Loan products for House Hackers in Central OH from Park National
Went to a mixer last night with a Lender I work with from Park National that I've closed a few "grant loans" with. I found out (which I did not realize before) that Park National has a grant loan product that has no ...
Mary Jay
Cap Ex calculation on 100+ year old properties
Hi guys,Those who have 100 year old properties, how do you calculate cap ex on them?Do you say: ok, it will need a roof in 10 years, roof is 20K, so for the next 20K I will save $200 per month for the roof?Then do you...
Seth C.
Distinguishing maintenance and capital expenses
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
Adrian Lemus
Lender BAILED out, Need help and/or advice
Good evening,
So I just ran into an issue. I bought a vacant lot and had the ball rolling with everything that needed to be done to do a new constrcution, permits approved last week which the company that was financ...
Account Closed
Investor looking to buy in Detroit
Major reason's to invest in Detroit are as follows
1. An entity with ties to Carlos Slim Helú, the Mexican business mogul with a net worth Forbes magazine pegs as $77.1 billion, has purchased a downtown Detroit offic...
Rami Aweti
Vallejo or Sacramento?
Hello Everyone,I've been looking at rental properties in Vallejo and Sacramento for over 6 months now and can't make a decision. Where do you think makes the most sense for the long-term?In Vallejo, I can get a small ...
Matt Heidenfelder
House Hacking with an ADU in Dallas, TX
Has anyone had success in House Hacking single family properties in Dallas, TX utilizing an ADU as a short-term rental?
Michael Ealy
What's Better than BRRR - When the City Takes Notice?
BRRR is very popular here on BP.I've done BRRR even before it's called BRRR.In fact, I've done BRRR not just with houses but with APARTMENT BUILDINGS.In my opinion, the risks are lower and the rewards are BIGGER when ...