Alexander Jivov
Estimating Rehab Costs Based on Property Type
Hey everyone!
I have a question as a new investor. I am currently practicing evaluating properties here in South Florida so I can get a feel for the market and what strategy would work best for my situation, and am s...
Liam Tennies
203k Renovation Too Big For My First Property?
Hey BP, hoping I can get some clarity on this property and get a push in the right direction for my first deal. I have been qualified for a 300k loan. This is a 203k loan where the renovation cost of the property are ...
Raymond Yan
Tenant paying late, making excuses and ignoring property management company
I recently purchased a property in the Warrendale neighborhood of Detroit, Michigan about a year ago. The property currently has a tenant who is paying below market rent at $850 per month. While the tenant had a good ...
Christian Chevier
Rod Khleif's Multifamily Bootcamp Chicago - August
Just purchased my ticket to attend Rod Khleif's Multifamily Bootcamp in Chicago August 24-26. Is anyone from Denver attending? Anyone from Chicago attending that wants to grab a drink/dinner after Friday or Saturday's...
Lee Melvin
Having an emergency fund for repairs etc. 50% rule....
For some reason I do not like the thought incorporating the 50% rule when looking at cash flow etc.
Id rather just have a large enough emergency fund and deal with problems when they come up and not include t...
Britt Placek
1st time buyer, 635K Triplex, Inspection report scary?
Hello,First time investor here. Received an inspection report on a triplex. Really thought it was a turnkey investment with inherited tenants. Using an FHA loan and will be living in one of the units for the first yea...
Terri-Leigh H.
New primary to one day be investment...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $685,000
Cash invested: $50,000
Purchased as a primary, will be a live in fixer. We will turn to STR after legal li...
Jeff G.
Lease Options, Subject-To, and Repairs
So, back in the day before the (in my view wholly unnecessary) Dodd-Frank Safe Act it was common to perform a lease option as follows:Large "option payment" as a faux down-payment.Charge well above market rentProvide ...
William G.
should I know about past building Permits
Hi allOn the verge of purchasing my first real estate investment property, I am going the route of fix and flip, purchasing a single family house from a wholesaler, as a pre-foreclosure, and sold as is. It appears to ...
Cathy S.
Problem tenants moved out but took all my inherited furniture
Problem tenants moved out finally but they took all my inherited furniture from past seller. It used to be a furnished Airbnb (furniture was “used”) but still. I’m not 100% sure of what was all in there, but it was at...