I have a contractor asking for more money because of an estimating shortfall on a design/build project. He's saying he underestimated the electrical and plumbing. I'm not inclined to pay him more, but the project se...
I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...
Dear BP-Community,I read J Scott's book about how to estimate rehab costs. That is a really great book and I find the technique he describes very helpful.However I feel like there are a few items where it's going to b...
Hey BP, quick question about financing loan amount. My loan is 80% LTV of the purchase plus rehab net. I wanted to know if it was normal to increase the amount requested for the rehab to pay for any unexpected expense...
I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...
Good morning! I am a relatively new investor that purchased my first house hack about 2 years ago. I bought in a great area (South of Denver) and have seen a significant appreciation on my property already. I have ref...
I'm looking through the MLS and find this duplex. Looks nice and in a decent B-class neighborhood. There has been some rehabbing, floors, walls, etc. throughout both units. Both sides have 2 beds but one side is one...
Hi, BPers, I am wondering if any one has experience of building a single family house on a slope. Does it cost a ton of extra to build on a slope? Thanks in advance for any input.
I have found people will sign the lease and then you will find 2 more people living there. As long as the rent is paid and they are quiet I don't care.
Now when people get in hard times I find 3 people turn into 10 p...
We have an offer accepted on 1974 home, but have avoided anything 78 & back until now as they are already requiring abatement in public housing, so assume it's going to get even harder for the lead-safe EPA rules...