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Hey BP,I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wa...
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Hi Bp, I recently bought a 3 family, fire damaged property In New Haven Ct, the fire was contained to 1 wall in the bath room, so the damage is not major. When I went to go turn the power on, the power company said th...
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I'm using an investment analysis program that allows me to input NPV (can input a percentage for before tax and after tax to help determine the value of an investment opportunity). My question is how important is it i...
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Hey guys. Long time podcast listener, occasional forum lurker, brand new poster. My name is Brandon Copeland and I'm currently based in St. John's, Newfoundland, Canada. I grew up in Nova Scotia (about an hour outside...
Hi,I need help to define a neighborhood in Mesa, AZ. I’ve found a few multifamily properties in a square: E Brown Rd-N Gilbert Rd- E Brodway Rd- N Staplay Dr. That’s a central part of the city. Areavibes.com says tha...
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Hi Everyone, I’ve got my first buyer and I need advice on how to negotiate repairs or seller credits with the seller. We offered list price for a property after a large price reduction. It is sold “as is”, and we are...
I’m about to close on a multi family in west Humboldt park. 2 units with an unfinished basement (plan is to turn the basement into a unit)I’m on an FHA loan so I must live in one of the units for 1 year. But the thing...
I recently purchased a SFH (~2000sf, 3br, 2.5ba) in Maryland (good deal on a fixer upper with no major problems). At first I was excited about all the renovation possibilities, but since I don't really see myself liv...
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Hi All,I've been putting together excel sheets for flip targets in the Bay Area as practice and I am seeing some disconnects between the standard suggestions (70% ARV, lower profit margins than many here ask for but m...
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Does anyone have a specific drug and/or illegal activity clause in there lease agreement? Including drug use, selling, making/growing? Any verbage would be much appreciated.... just want to make sure are butts are cov...