Brian Gilstrap
Good First Buy and Hold Deal?
I am a roofing contractor, so I'm often giving estimates on properties that are about to be sold. Today I looked at a rental property in the Greenville area that was badly in need of a roof. The owner currently rents ...
Tiffany Norte
Should I close? Rents aren't what was stated and barely meet 1%
I have a contract on a duplex in Independence, MO. We've done the inspection and appraisal and everything looks good, just the roof is a little old, no big deal. The contracted price is $110k, appraisal came back at a...
Ben Nahir
Earnest money recovery
I recently backed out of a potential investment and am trying to recover my earnest money. Any advice would be greatly appreciated.
The details: 14 year old attached townhome with 2 (I believe) previous owne...
Steven Foster Wilson
Bank asked for an Expense Report??
I’m currently in contract with a duplex for an investment property.My lender asked for leases and expense reports. The sellers are old school though and have no expense reports, let alone leases!So I said I could crea...
David K.
3 unit 210k analysis
Hey Guys-Let me know your thoughts. 3 unit with with market rents of $2700, higher if a closet is added to on of the rooms which is now used as a double parlor which already has pocket doors in it.Units are in averag...
Lucas DeAndrade
Ohio Rookie Next Deal
Hello fellow rookies!
Current situation I have a primary residence in MA and a SFH home LTR in Akron currently on a 1 year lease.
My question is… do I look in the same area Akron for my next deal? Either SFH or sma...
Steven Primiano
Less cash flow with no money down?
Need a sanity check. I have an opportunity to buy a 4BR rental well below market value. House was built in 1990 and is in good shape. I can pay cash and refinance after I close to pull every penny of my investment ...
Miguelli Fernandez
Seller needs two weeks after closing to move out
Hi BP looking to see if anyone has experienced this before…Been working a deal out with my agent (well known on this forum and has great reviews) and trying to close on my first out of state rental property. I was in...
Pete Harper
Building installation Report on 12unit
We have a 12 unit apartment complex under contract. During the building inspection we have found a lot of issues with the building. The original construction is 1965 so many issues fall under normal wear and tear. Ove...
Naga A.
Landlord Insurance (Tampa, Florida)
Hi, I am currently looking for a new insurance broker to help me out with my property, a single-family house, in Tampa, Florida. Does anyone have any good recommendations? Thanks!