Simon Obas
Roofing question for a flip
Peace. Currently working on a flip and the home needs a new roof. I am thinking about having a contractor lay new shingles over the existing roof. Is that a no no? Or is that pretty common? How will it impact me when ...
Mindy Jensen
Did anyone see the new Solar Roof from Elon Musk?
Elon Musk has just announced a new roof that went on sale today. Tesla's new Solar Roof will be available for US delivery in late 2017, and best of all it comes with an Infinity Warranty!As a homeowner, I want one of...
Genny Li
Does no one replace their water heater anode rods?
People seem to expect their water heaters to last 10-15 years. Are you guys just letting it corrode as soon as the first anode rod is eaten up? How do you go through water heaters so fast?
Riley F.
First SFR Purchase - Kansas City
Just had an offer accepted on a SFR in Independence, MO, though the home is very close to Blue Springs. The home is a 3br, 2ba, 1250 sqft, 2 car garage, built in 1984. I have forecasted a CoC of 8%, and with an equ...
Katerina McKnight
newbie question: cap ex number to use for an apartment?
Hi all. Newbie here and new to calculating the deal.
What cap ex number or % do you use for calculating expenses on an apartment, or is there no cap ex for an apartment and instead is only maintenance and HOA ?
Th...
Jeremy Jackson
Anyone flipped a house with foundation issues?
Found a nice property in a nice area with foundation issues. Anyone flipped a property with foundation issues? I feel like it will be harder to unload and scare potential buyers away with this type of issue, even af...
Chow Ahmed
Househacking in East Rutherford/Carlstadt Advice
Hi All,I am a first time poster and first time buyer. I have been listening to BP podcasts, Googling acronyms, reading forums, and searching Zillow/Redfin/Realtor/etc for about a month now. I am searching the Northern...
Daniel Kirchen
New investor rental property SoCal
Hey guys, I am looking into buying and renting properties out in Southern California. I have a mentor who has been in the real estate industry for a long time. He says his way is not the best or the only way to make m...
Matthew Roberts
Expenses for Multi-Family Properties
Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
Gulliver R.
Lease Option and Dodd Frank: is it legal?
The home in question is in Indiana. I want to know if an owner/landlord rents out a home to a tenant with a Lease Option contract where that tenant has the option to purchase the home at the end of the specified time ...