Hey all - Thought I'd throw this out there.....One of our places is fully booked - but on weekends only. It has been booked every single weekend of the entire year. And that is great! However, we really need to get th...
I'm looking at a 36 Unit Apartment Complex and I want the BP Community's opinion on whether this is a bad, decent, or good deal.Here is a copy of the listing below:Price: $1,000,000No. Units: 36Building Size: 28,000 S...
I received a text message this morning from my tenant saying that over the weekend he replaced the kitchen faucet. On one side it is nice he is taking care, BUT I am worried about falling into a game of repairs and m...
Hello, I’m brand new to this page and was needing some advise from the pro’s. Looking to get into Property Investing and know enough to know I don’t know sh*t. Here’s a little on my background. I was a General Contr...
Howdy folks,We are only few days away from the end of the year 2018. I am sure it has been a roller coaster ride with market ups and downs due to happening in our country and around the world. Oil is down so much and...
Hey BP,Curious if anyone out there can chime in on what specific projects within a rehab produce the best ROI. Obviously this assumes that there aren't major infrastructure items to be addressed (ie. functioning roof,...
Hello BP community!
My wife and I bought our first investment property back in June in Saint Paul, MN.
The residence is a two story 2BD/1BA with a single stall car garage. It has 1050 square feet of finished living...
This may be a little bit lengthy but I think people could learn from a recent purchase I made. I closed on a house yesterday that I bought at an auction. I have purchased at least 30 houses at auctions so it’s not t...
Hi BP Experts,We had a roof leak that basically destroyed most of the inside of a house we own. Our contractor said repairs will cost $24k but the insurance company is only paying out $6k towards repairs. How do we ...
The house value is around $50k.
The amount of repairs are around $20-25k.
He owes $30k, but is up to date on the payments.
He recently bought a new house and will have to pick up both monthly payments by September....