Mark Forest
Annoying GFCI trip
In my new rental property there is a GFCI outlet in the living room. This is on the same circuit as the bathroom fan and the light in the shower stall. This living room wall is on the other side of the bathroom. W...
Chris Martin
27616 feeding frenzy
Very seldom have I seen page after page (1, 2, 3, and 4) of listings that have a listing status of Contingent or New. About 10% out of 60 houses under $190,000 in 27616 have an Active status. What is going on? From pu...
Richard Dimery
Help Finding My First BRRRR
I'm brand new to real estate and am hoping someone could share their thoughts as to whether this property could be a viable BRRRR. It's listed at 130k, and the property directly across the street has a Zestimate of 1...
Justin S.
BOOM Goes The Dynamite!!!! - First Deal Complete
Well ladies and gentlemen, I completed my first real estate deal and it was a good one!!! :rock:
It was a shortsale flip in Arizona.
Deal breakdown was:
A-B Purchase Price - $150,000
B-C Sale Price - $203,000
Clos...
Bryan T.
Why do people not just rent their rooms out to prevent foreclosur
Why do people not just rent their rooms out to prevent foreclosure? During the 2008-2009 housing crash, why did people not just rent out rooms to prevent foreclosure?Why do people now not just rent out rooms to preven...
Renee R.
Tenant Training
I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...
Paul J.
Buildium ups prices by over 50% for little-guys - so, tell us what you're using and why?
I just got a note telling me my monthly cost for Buildium's services will climb from $25 to $40 a month. This is significant to me since, I only have 3 units to begin with and I will be paying as much as if I had the...
Oleg Enik
Income Capitalization Analysis
Hello everyone!I have been studying a lot of real estate financial modeling and analysis, specifically for commercial real estate and I understand all the concepts, terms, and calculations very well.But I am strugglin...
Ben Cochran
Should I pull some equity to purchase an STR?
I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well. My wife and I own 3 properties in Colorado and are considering pulling some equity to purchase an STR in the Tampa ...
David Robertson
Rehab- Business Accounting Questions
I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...