Jonathan Bethel
Keep as Restaurant or Convert to another use?
Hi all. I currently have a contract and am in due diligence on a foreclosed commercial property that was a popular deli/sandwich restaurant. It still has almost all of the equipment as it looks like the owner cleane...
Rhett Z Begley
New LLC/S-Corp establishment advice
Good afternoon everyone!
My wife and I are moving to Virginia in three months and will start flipping houses when we get there.
We’re getting an LLC and S-Corp set up now so we can hit the ground running when we ge...
Tim Cook
Beak even in sfh rentals
Is it okay to invest in single family LTR deals that break even? (Rent pays all your mortgage and expenses). I’m investing in newer constructions in a class A/B area and with current rates I can only collect rent to ...
Justin Brewster
Million Dollar Deal -- Lexington Kentucky
Deal: I have in hand a short sale deal in Lexington, Kentucky. It’s a beautiful 8,000 SqFt home with a lake front view and big pool. This house has been neglected by the original owners who built the house and went...
Mark Byrd
New To BP!
Hi I'm New to BP. I would like to start flipping and Rehabbing homes. Is there any Good advice you can give me on how to find a lender or a hard money lender in Florida? I have seen a couple post about posting your d...
Mark Christopher Javier
San Antonio Texas Contractors/ Project Managers
Hi Everyone,My buddy and I are diving in the San Antonio Texas market. We are effectively looking to flip homes & brrrr properties if we can as well. Does any have any honest contractor & project managers the...
Tony Murphy
Home Reno Permits
So I have a random question. I'm a teacher and I purchased my first duplex over the summer. One of my tenants is being relocated for work and she gave me very early notice that they're going to be moving on July 1...
Sarah Msuya
Actual Cash Value v. Functional Replacement Cost Insurance?
Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...
Kevin Paglia
Bunting to get on base
I am back to a conflict of strategies. Cheap townhomes/condos vs quadplexes. In my area I could buy 4-5 townhouses for the same cost of a single quadplex. The lower end townhomes would be a bunt to get on base (for...
Kevin Guo
How much to figure in for CapEx for multifamilies?
Hi all,I'm looking at 6-unit apartments and most in my area are mostly C units built in the 70s and 80s, with some in the 50s and 60s. The outside is brick. Pretty clean. Seems like they stood up well against time. In...