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I have an 8-family apartment building and currently do not allow pets. While I am not having any trouble finding tenants, I have noticed that even though my ad says "no pets", about 70% of the calls I get are asking ...
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What are your returns for a fix & flip in todays market?
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We have potential tenants that seem like a great fit other than the credit score is just below our requirement of 600. Is there a good way to make up for this? Conditional lease? Increase deposit requirement?
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If you are analyzing a deal based on cash on cash return (100% financing), what kind of positive cash flow should you expect/accept? I know that many people on here say that $100 per unit positive cash flow is accept...
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Hi All,Before I post my question, I'd like to recognize that there will be a few of you out that there I offend. In advance, I apologize. I don't want responses to my questions to ask me to defend why I won't enroll i...
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Hey BP Community, I've been using a travel work exchange site for labor help on my live-in flip, and thought others here would be interested as it has reduced my labor costs to zero on some of my projects, so I wrote ...
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I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
So lets be honest, majority of houses that are sold on real estate websites, are either overpriced or just simply not worth their value. am curious is it bad to constantly low ball on prices for houses? For example, I...
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I have a 4 unit multifamily in Chicago and would like to upgrade the vacant unit. The unit is large (1750 sq ft) and is a 3bd/1.5 bath, but the building is old and the units don’t have a/c or dishwasher. PM thinks i...
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The trustee did a premature appraisal before staging and before new paint, new carpets, new furnature, and these are the results.
2.40M (1st appraisal) 2.45M LIST (+400K) = 2.855M OFFER
2.65M (2nd appraisal) 2.70M L...