Robert Hidrogo
Need Help Analyzing
Hi folks, I have been searching for my first investment property and came across this deal in a different town (about 1.5 hrs away). I am not a pro member as of yet so was wondering if someone would help me analyze an...
Jared K.
Why pay more and get less?
I am an investor myself that owns multiunits and have had them for years. In this market if I was gonna buy, it would be SFR's b/c of the cheap prices. So my question is simply this:
**Why would an investor pay $30-5...
Lilly Olabre
Negative Buy and Hold
Hi! I'm in the middle of my first flip right now and rehab costs are going over my initial estimate. I was thinking about keeping it as a rental in case it wouldn't sell as much as I thought it would. I think it...
Michael Vu
How Many Issues is TOO Much to Make a Deal Not a Deal?
Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...
Vikram C.
Underground Storage Tank
We just finished negotiating the price and the seller has revealed at the last moment that there is an underground storage tank in the property. Our offer price did not take into consideration the cost of dealing wit...
Alex R.
%2 rental rule does not work
I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
David Lee
The 8% rule with cash flow?
I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
Tiffany S.
HELP ME! Water Heater Install
I have a very old water heater that has started to leak. I figured I might as well just replace it as opposed to fixing it since its so old. I was wondering what was a good labor price? Is this a DIY job? It's gas so ...
Stephanie Medellin
Cities in the US with Inexpensive Duplexes, Triplexes
I see a lot of posts mentioning fairly cheap purchase prices. I've lived in upstate NY, and am now in Los Angeles. I know real estate in upstate NY isn't too pricey, but I wanted to get a feel for some other citi...
Stefan D.
First Multifamily (Long Distance BRRRR Gone Sideways)
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $91,200
Cash invested: $70,500
The nightmare scenario they warned me about on the BP forums!
...