Sean Relyea
Baseboard Heat Plus Radiators = Problem
Hi all,I recently purchased a 3 unit building that had undergone a full rehab. Most things turned out okay, but the heating systems were a worry during the closing process and that concern has proven justified. Each u...
Matthew Atchley
Flat Roof to Pitch Roof Cost vs Return
I'm doing my first flip, 3/2/2 brick that has a flat roof that has to be replaced (there are numerous areas inside with ceiling damage/mold). The wholesaler/flipper I bought it from suggests that I invest in adding a ...
Account Closed
Every Door Direct Mail
Has anyone used a service provided by the U.S Postal Service called Every Door DirectMail?
If so how effective was it?
Michael Henry
Why I Prefer 2 Bedroom For Residential Rentals
Why do I like two bedroom ranches vs 3 bedroom on the residential side (over any other style) for long term rentals: A 2 bedroom and 1 bath ranch that is under 1,000 sq ft will usually be located in residential neighb...
Martin Ruiz
Pasadena Spanish Style Home
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pasadena .
Purchase price: $520,000
Cash invested: $200,000
Sale price: $1,149,999
The property is in the historic dis...
Guido Bertoli
Refinance & Comp Questions
I am going to refinance my personal residence to get some cash but I had a few questions regarding how to approach a bank / credit union.I live in a neighborhood of a bunch of 4 plex condos. I have made a list of 7 pr...
Ahmed Napier
"As is" Vs. ARV
Hello, I am a new investor. I am having trouble determining the "As is value" Vs. the ARV. When you look a property up on the MLS is that the "As is value" or the ARV....I would appreciate it someone can clear thi...
Darrell Boaz
Property Value
Hello Guys, Today was a wonderful day on my Journey to become a "Real" estate investor. I met with my estate attorney and he has given me and my partner the royal treatment. We have all the contracts we need, we have ...
John Johnson
Multifamily Operating Costs
I am starting to budget out and model some potential projects for MF developments. Is there a rule of thumb for operating expenses for MF in the los angeles area? My old AM firm always looked at 30% of EGI - after vac...
Asher Anthes
6 bed / 5 bath 3700 sq feet $175,000
So, I put in an offer yesterday for this house, there were about 4 other bids and I'm hoping I was the best one. I'll find out today if I won it. It's a short sale, but I'm pretty sure the bank has approved it alrea...