I need to figure repair costs to include in my formula before I make an offer. How do you come up with the necessary info (Pics, Walk through by agent, etc). Oh, the property is out of town. I have never seen the prop...
My family and I were asked to if we'd like to move in to a old country house on 3 acres owned by my wife's extended family. My wife and I own two cash flowing rentals, as do my brother and I. Of course we'd like to ke...
I have a question about regular lease commercial property.Its only 2 tenants and they have 15 year lease, but no tax or insurance on them. Can I convert after purchasing amendment to the lease and change it to NNN le...
Hi BP Family.
Just learned today my offer was accepted for a property in Fort Myers. This home will need lots of renovation as the original owner lived in the property for the last 50+ years.
Looking for investor f...
Hey BP Members! I'm an agent and 1st time investor and I wanted to ask fellow Investors their opinion on my current situation. So I just made an offer on a 3-4 Family Home it's currently out of attorney review and we ...
I'm considering making a move on my first property but I want to seek the outside opinions of experienced people first. I'll be the first to admit that it's a nontraditional way to obtain a property but I'll try to ex...
I just purchased a condo last week and turns out I have a mold issue in the bathroom - seems like its only minor as its only on the surface of the sheetrock and trim but its musty smell is strong in the bathroom and m...
Hi,I have a unit in a basement that leaks water from the walls when it rains.I’m looking to have the basement sealed from water.I’ve had a couple contractors come in and take a look. One thinks it will be a relatively...
Hi BPer'sI am new REI in Houston TX and I am currently under contract for my first major rehab project. Project: SFH: Its a 1400 ft2, non-flooded , single story ,3 bed 2 bath, 1983 built in clear lake TX area zip 7706...
I'm supposed to look at a triplex and a single family home soon. I'm trying to analyze both without being inside either one yet. Here are some of the numbers. They include vancanies, capex and repairs being accounte...