Manco Snead
Build New vs Buy Old
Greetings BPers,Looking for some opinions on building new multi-families to hold as long term rentals and possibly live in one unit. The market where I would build: medium size town with median home price at $331K, av...
Vladislava Kobeleva
need help figuring out construction costs
Hi All,Pretty excited here, as after about a week, I may be able to lock down a property to wholesale. HOWEVER, I need some help figuring out the cost to repair it.It is a lot that has a construction on it right now,...
Shane Row
Would like some advice with my first real estate investment
Hello, I am a first time homebuyer looking to finance with either a 203k loan or standard FHA loan I have pretty decent credit but not enough cash down payment for conventional loan which is why I'm going the FHA rout...
Saman Jafari
1st-time buyer: Wanna know what factors to consider for city
I am trying to decide in which city I should invest to get a rental property. I have considered the below factors that resulted in choosing Sacramento as the place. I just wanted to get others' opinions on it to avoid...
Girish Joshi
Entitlements.
Hi,
I have been investing in residential real estate (condo, quadplex, SFR) for sometime and understand that area well.
I am now considering development. One of the key areas that I see is the Entitlement process.
...
Jason Davis
Bid on 1st house
Met with Realtor at the house today.
I put a bid on my 1st flip.
The house is owned by the City of Richmond. The ARV is $109-$129k.
My bid is for $30k. They had a bid at $25 and one for $27. My realtor spoke wit...
Elena Nelson
Appraisal: Income vs Comps
Buying a fourplex that I would like to rehab. When I go to refinance are appraisers going to be looking at income or comps? I know it would appraise much higher if they are looking at income. I don't want to put too m...
Bianca Rodrigues
How to analyze a flip
When analyzing a potential property to flip, what criteria or metrics do you use (or find most important) to determine if it’ll be a good/profitable deal?
Mark Douglas
Never EVER Sell MFR Properties
I've heard more and more frequently in the various podcasts I listen to, that the more seasoned investors go by the general philosophy of never selling their multifamily properties. Assuming that these properties are...
Josh Eitingon
NY Multifamily Rent Regulations
The building stock in New York City is already old and undesirable compared to newer cities. With new rent regulations expected to pass by Saturday, the government will effectively create an environment of deteriorati...