Sharaya Rutherford
Fix and Flip Loans
Hello all! I'm getting ready to start flipping houses and I have a few newb questions for you all.I've been looking at using either a line of credit or a fix and flip loan. So far, I'm leaning more toward the fix and ...
Tom Scott
Sinkhole Home as a Rental?
There is a home for sale locally that has had a sinkhole repair. By all accounts the problem is solved but it's value is obviously damaged irreparably. Would you buy a house with a repaired sinkhole to be used as a re...
Paul Sandhu
Preventing frozen pipes, heat or drip?
Thought this would be an appropriate question considering half this country is going to be under a deep freeze.Do you leave the central heat on low or do you let some faucets drip water to prevent frozen plumbing? I ...
Serge S.
56 unit apartment complex - raising rents and submetering timing
Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
Patrick Kelly
Boston Housing Glut
I've been seeing some posts about investing in the Boston market in properties that have negative cash flow. This sounds eerily similar to 2008. The Boston market is something that I have been growing cautious of. The...
HX Yuan
Recommendation for buying first investment property
I live in Queens NY and had worked in the corporate world for most of my life. Last November, I lost my job and I decided to get into Real Estate investment and work for myself. I am new in the real estate field and h...
Daniel Flesher
The Numbers - Am I Doing This Right?
My wife and I moved to Philly one year ago and have rented for this past year. We're looking for a multi-family property to buy so we can "house hack." I've been listening to past episodes of podcasts and lurking the ...
Randall Williams
Deal analysis please?
Hi everybody, and thanks for any ideas you might have about this. I looked at my first potential rental unit last week, and I'm pretty sure I'm going to pass. Here's the skizzy:Two-family unit, B-grade, fair condition...
Jayden Hamilton
Do I have the right to do a random inspection on my home
Hi guys, I wanted to do a random inspection on my rental home in Illinois without giving the tenants any notice. I want to surprise them at the front door. I'm suspicious that they had animals in the home when they si...
Tony Blessings
Seeking Foundation specialist in Milwaukee
One of my units in Milwaukee has some drainage foundation issues(leaking) and i am looking for someone who has had similar challenges and who they used to fix the issue. Please share your experiences.Tony