Tom R.
leaky water line from swamp cooler reveals leaky roof
I am in the process of buying a house which needs a lot of mostly cosmetic repair. I am purchasing the house as is and below appraisal value. One of the problems it has is water damage from a leaky swamp cooler. The s...
Ricky Borden
Help with possible deal
I'm a drywall, and painting contractor. I got called to look at some repairs and when I got there the lady started telling me about how desperate to sell the house she is. The house is on the market now for $116,800, ...
Kim Forgione
Cap rate-include repair cost?
Hi. I know you don't include debt service in cap rate, but do you guys include repair costs when calculating cap rate or only the purchase price regardless of what shape the property is in? And I assume you do not inc...
Jessica G.
Head spinning after home inspection
Note: I'm very new at this. I've been renting out my former residence for three years, but this would be my first house purchase specifically as an investment.
I'm in the middle of acquiring a sub2 (taking ...
Travis Newton
Repair Cost help!
My question is this, I’ve been wholesaling for about 6 weeks now I’ve had 3 deals come and they all fell through for a variety of reasons. Well I now have a fourth deal and would like to finally cross the finish l...
Mike Landry
would you subject to this property
townhome, class A area built 19831 year lease signed in july at $1000Balance on loan $72,000 Retail value $85,000 conservatively.Seller willing to pay all closing costs if legal?Price for acquisition $0Annual numbers...
John M.
Inherited House Louisiana
I just inherited a 1800 sq ft 2 bedroom 2 bath pier & beam house in a small town in Louisiana with a population of approximately 300 people. I want to start investing in single family rentals but I am not sure if...
Andrew Hartley
Asbestos Siding Remediation
Looking to purchase my first rental property after analysis paralysis. I have found some reasonably priced duplex, however the MLS points out it has asbestos siding. Was wondering if anyone had been through the abat...
Jimmy Ready
Deal Analysis Numbers
Hello! Running the numbers to a local property in my area Westchester, NY . I know this deal is not so good as the CACROI is very low but my main interest is if my numbers/formulas are correct. I've been scanning the ...
Willie Cook
New guy with a fish on the line...
Hey Biggerpockets folks, My name is Will. I am a new investor in Akron, Ohio. With a potential investment opportunity on the line and I want to make sure I handle this the right way. Background: I am not new to real e...