Hi BP community,
About to purchase my first rental property in Phoenix. Was considering the pros and cons of a carport conversion into another bedroom to rent out. I've done the research and converting a garage into...
Quick question . . . . for rentals, would you select a policy that is based on the replacement cost or the actual cash value? Obviously the replacement cost on an older structure is 2X or better what the property mig...
Something that stops us from getting started is analysis paralysis. If you are afraid that you won’t be able to make a competitive offer that will also make you money, this is the blog for you.
When you get started ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $850,000
Sale price: $1,250,000
Off market owner was in financial distress and walked away with $200k after all his...
Hello all! Just finding this site. We have had some really mixed experiences this year with inconsiderate guests, and we have been playing around with the deposit vs insurance. As most would recoginze, most guests ...
I'm looking at a duplex property in North Philly and the ground floor footprint is significantly larger than the top floor, so I'm hoping to move the second floor apt kitchen and bathroom adding space for another bedr...
Hello,
I just purchased a property in 76K that has an unfinished basement. I checked with the comps and got into conclusion that my ARV would be 115-120K.
The property is 3 beds 1 bath, if I will finish the basemen...
I have a 1200 SF unit in Jersey City, NJ. I am trying to maximize rent for this unit. It currently has a 3 BR & 1 BA layout. It has the potential to become a 4 BR and 2 BA unit. Does taking space away from the uni...
View report This looked good at first glance, but maybe not so much after digging in? Using equity from a paid off property for down payment so P&I would be around $460 for a 76k loan, which I factored in as...
I recently spoke with another REI about window units. He said that he charges 75 dollars a month extra for each unit in the house whether or not they are being used. Meaning the tenant claims they don't use them to ...