Tom Lafferty
What ROI do you look for in upgrade decision?
I am looking for input on what other experienced apartment investors look for when making upgrade decisions. In other words, when you're considering investing in some kind of additional expense, how quickly do you wa...
David Robertson
MPP well below asking price? Should I make an offer anyway?
Do you typically make offers on houses where the MPP is well below asking or do you not waste your time?
The house is listed at $48k, but needs $35k in rehab with a potential resale at $100k. I calculated the maxi...
Matthew W.
Value add question: A office addition or a new kitchen/floors
Resale in mind 5-6 years out realistically.
We have a limited budget on our primary new "fixer upper" home. The house needs work in many areas from the top down. But I will focus on the main "want to dos":
1) I...
Bradford Mills
California 2020: Duplex vs. ADU
I am looking to convert a single family home (SFH) into either a duplex or an ADU. This is my first house, first duplex, first purchase using the VA loan. I need help identifying the pros and cons of each strategy, AD...
Greg P.
Ethics Question - Advice appreciated
Hello, I've heard and read some posts about asking realtors to pull up comps when you know you're not going to use them etc. This is unethical and I would agree. Treat others how you would want to be treated, but he...
Stephen Keighery
Buying a house As Isn't
I buy houses As Is all the time but I learnt a lesson yesterday. I have a deal I contracted about 6 months ago. It had to go through succession (most of you will know this as probate, we call it succession in Louisian...
Cameron Chambers
Becoming a Real Estate Agent?
So I work as a inside sales specialist currently, and my colleague that sits next to me does RE Sales on the side at the job we work together (he’s working himself up to go full time with RE) Doing RE agent has intere...
Taylor Harrison
Combining two properties into 1. (2) 3 units buildings.
Hello BP! I am in the process of purchasing a 3 unit building directly next door to a 3 unit building I already own. They share a drive way. My question is this: is combining the two properties a realistic option to...
Dmitriy Andreyev
Anyone have experience in the Philly Markets ?
I am a first time investor and doing a bunch of research . As I’m sure you guys know how overwhelming the abundance of new information can be ! I’m looking for a decent rental or fix and flip property for around 50k...
Sharad M.
How do you calculate IRR on a rental property?
Do you assume that you will sell the property after owning it for certain number of years?
Let's say you buy a property with initial cash investment of $50,000 and annual cash flow is $10,000. Now you have no plans t...