Andrew Halbert
Bad inspection, deal fell through
Another first for us. We had a house under contract in Warren Mi. Cash offer, house was a SFR and listed as turn key. Long story short, the inspection found several big ticket items that were at end of life, roof, ...
Garron Gibbs
Newbie in need of step-by-step Rehab Management Tips
Hey BP Community!I'm just starting out and I'm trying to learn as much as possible before getting my hands dirty. Specifically, I would really like some guidance on do's and don'ts of managing contractors and the enti...
Zaid Badabwan
Accounting software for a flipper?
What is the best accounting software for flipping business? Are there options for a software in your computer, not in the cloud? Or may be a flipper does not need an accounting software, then what is the best way to p...
Ping Zhang
Will you consider this rental deal if there are 28 safety hazards
This is my first real estate investment deal, SFH, 3b2b, ~1700 sqft, at ~$120K. It is around 100 years old. There are 28 safety hazards, 63 recommendations out of 169 inspected items in the inspection report.
...
Allison Danzl
THIS OLD DUPLEX -Analysis Help !
Greetings from Minne-SO-Tah! My husband and I are wondering if we should hold or sell our rental property. Looking for some other opinions. Purchased in 2015, lived in half of the duplex and rented out the other half ...
Zachary Rymarcsuk
3rd LTR Property; 1st Deal via Partnership!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $92,000
Cash invested: $36,000
3/3, built in 1983, in one half of a duplex, just 1 minute from an entrance to For...
Samuel Garrett
$5,000 BRRRR outside of Huntsville
A SFH foreclosure that an Agent offered to me after another deal didn't go through. When we visited, the agent mistakenly informed me that the adjacent lot was part of the deal. There was a 40' semi truck trailer on t...
Marcus Auerbach
Median Sales Price vs Appreciation - how they correlate?
"In god we trust, all others bring data" - a favorite of my old boss. I study real estate data on a regular basis and publish a monthly video about what I see in my local market. And it's important to me that I make a...
Jonathan C.
Eviction needed if lease expired?
Hi BP,I had a tenant and their lease expired in April. Been trying to contact them through May and they haven't been returning calls. Also, their mailbox looks like it's been piling up so may not even be at the proper...
Jason Malabute
YOUR BUYING CRITERIA PROTECTS YOU FROM RISK
As a refresher from yesterday's blog post, my buying criteria for my first apartment deal are:
1. B or C neighborhood in indianapolis
2. built between 1960-2000
3. 85% occupied (minmum)
4. 8-20 units
5. 50% of ...