Jacob Messer
BRRR method in action; Indianapolis duplex
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $90,000
Cash invested: $105,000
Sale price: $245,000
Our client came into the project as the owner of th...
Oscar Flores
Young guy short job history? Which lender should I go to ?
I started working at a pumping patch last year in September and ended the last day of October then worked at that same company for there Christmas trees and did that and ended at the end of the year so I didn’t have ...
Daniel Elbe
Stucco advantage?
I grew up on the East Coast, so not used to seeing much stucco. Now living in Colorado, they are pretty common. From a investor's point of view, what are the advantages of using stucco vs. traditional vinyl or shake...
Jennifer T.
MoFin Lending review
I know how hard it can sometimes be to find the right lender, so I am leaving this review for anyone who is considering MoFin Lending.
Overall, working with MoFin was a fantastic experience. I had bridge loan with P...
Daniel Gulyas
What's the one thing that would make everything else easier?
Hi,
I'm a software engineer from Amsterdam, I've rented a couple flats and rooms and (seemingly) landlords spend a lot of time with things that could be done more easily, like scheduling maintenance, upstream billing...
Mary J.
Can a dark stain on hardwood floor be corrected?
Hello! Recently picked up a multi unit with hardwood floors. In one apartment there’s a dark stain (I’m guessing something spilled years ago). I’m going to sand them, so was thinking of sanding and then staining wi...
Randy Chapman
Potential Deal - Funding Questions
Hi everybody,I've been doing my homework for the past several months and finally stumbled across a potential deal. Mid 200s purchase with comps in the low 400s for ARV. Planning to look at the property today or tomo...
Barrett Boone
Repairs before selling
When do you do repairs before selling vs lowering asking price?I am in the process of selling a house out of state. It's been on the market for about a month now. Many of the people who've seen it are saying that it ...
JD Barrera
I have some questions on removing Popcorn Ceilings
I'm in the process of closing on my first home which will be my primary residence and I'm looking to take advantages of the "house hacking strategies" by: 1) having a friend move in and pay some rent and 2) general up...
Greg Gangle
To update Knob and Tube... or not?
Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...