Rod Joseph
Possible Deal?? Need Advice
I have a co-worker that has a SFH that she rented but is now empty for the past year. After a bad experience with a renter she no longer wants to play landlord.Details:Seller Asking:$130KArea Rents for $1100-$1200Can...
Brett Riemensnider
Construction Clean Up
Hello everyone. Doing a remodel on a 750sqft unit and am curious on what people use to haul the demo away? Doing a lot of DIY especially demo. What’s the typical cost for a dumpster? Are their cheaper options? I got a...
Gary Coles
FREEDOM BANK OF GEORGIA CLOSED BY FDIC; 17TH BANK FAILURE OF 2009
Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...
Aariff Kadar
Where to invest? California or other parts of the country?
Hello everyone,I live in California and houses are expensive here’s. Will you recommend buying a condo or house ( approximately $600,000) in Southern California and rent it for approximately $2500 - $3000? Or should I...
John Morgan
Closing costs on sale by owner
I’m buying a house from someone I know doing a “for sale by owner” deal off market. What’s an approximate guess on our closing costs for this? It will be a cash deal. He doesn’t want to pay a cent of it. I’m getting i...
James Syed
Replacement Reserve
Hi everyone,
What is an average replacement reserve per unit for a small apartment building (less than 24 units)?
Age of property is approximately 50 years and I wasn't provided mechanicals age.
Cheryl Cunio
Private Investor Needed
Seeking 44.5% LTV on 4/2 split level home on 2.29 acres in Eugene. The property is currently owned free and clear. Real market value, county records $339,091. Comp value $369,900. Loan sought: $150,000 at 8% for 5 yea...
Elizabeth Gomez
Insurance in Tampa Bay area
Hi all!Newbie here trying to analyze deals and wondering how much (approximate) landlords pay for insurance in a multifamily (duplex) in the Tampa bay area (largo, tampa, st pete, clearwater)Thank you!Liz
Cassidy Adams
Buying a group of four duplexes all fully rented.
Hi there,
I have found a group of four duplexes, all are fully rented with month to month leases, that I am interested in buying. It will be my second investment package as I already own an SFR and am trying to buil...
John Armando
Rental property deffered cash flow?
Hello BP team, I've been looking at multi-family units in my area for quite a while, and feel I am on the cusp of making a deal, but am having trouble finding the right house. Which is fine, no reason to jump into a b...