Stanford Neal Mead
We’re experiencing some turbulence, folks!
Investment Info:
Mobile home fix & flip investment.
Purchase price: $105,000
Cash invested: $45,000
Sale price: $208,000
This project took way longer than expected. We had some unfortunate fa...
Jake Adams
Take a low ball cash offer on a flip (still profitable) or wait
Rehab is completed on a flip and has been on the market at the current list price for 6 days. Received a cash offer that will close in 2 weeks. List price is $625K and the offer is at $580K. Obviously a low ball becau...
Billy Zhao
Should I Do a Cashout Refi at this rate?
I own a condo in Austin free and clear. The property value is about $425k. The rental income is about $1,800 a month. Tax is about $8,000 a year and the HOA fee + insurance comes out to be about $300 a month. I'd like...
AJ Wong
Debt Limit Ceiling, mortgage rates and the influence on the RE Market
Just as investors seem to be wading back into the real estate market, the headlines could give many reason for pause. On the Oregon & California Coasts' I've written fairly extensively how the investor market for ...
Kenny Smith
What to do If I find Asbestos?
Hello BP community!I get asked this quite a bit with some of my clients, so I figured I'd share my thoughts on it. If you own a home that was built prior to 1978, there is a good chance there is asbestos somewhere in...
Greg Virgin
Property Management - Charging insurance or Owner for disaster management
I manage a residential single family property for an owner. Last week a very large tree fell on the home causing significant damage to the structure and forcing the tenant to be relocated temporarily while the insuran...
Account Closed
Real Estate Investing - Many Ties to Entrepreneurship
Hi all,I've been lurking around on BP for probably close to a year now. Closed on my first deal in southern California (duplex) last summer. Most of the time I've spent on here has been learning and asking questions...
Marek Narewski
Best way to convert 2BR to 3BR in regards to BRRRR
Hi Everyone,This is my first forum post, so be easy on me, I'm a rookie. I closed on my first duplex last week in Connecticut, 2BR/1BA in each unit. I have the option to convert one of the units into a 3BR and plan ...
Matthew Gil
Economic Stimulus Plan
I can't be the only one that thinks that this Economic Stimulus Plan is not a good idea.
The US Treasury is going to go into more debt, so that people can buy more crap at Wal-Mart?
Here is my plan and it is a simpl...
Account Closed
'Acts of God' Insurance? And the recent viral CA Mega Quake Predictions
https://www.youtube.com/watch?v=nGz6fHdxP30my mom called from nyc 5am pacific this morn, to ask is the huge quake hit us here in socal.. she didnt know but i threw on the laptop and went to see whats going on.. appare...