Jeff Lundeen
Impact of rates increasing on home prices
Rates are likely to go up at the next two federal reserve meetings. This means that monthly mortgage payments will rise and these numbers will be eating into affordability for the average home owner. It also means t...
Chris Wolfe
Made 2 new garage units - Now how do I get an address?
Hi BP Team!So I have a 14 unit apartment complex, that had 10 garages that were mostly unused because its in an urban area. We took 5 of the garages and made them into 2 1 Bedroom apartments. They look completely le...
Jason Lazarski
Real estate lawyers in Las Vegas
I have a person that wants to walk away from their property and allow me to keep the loan in place for five years until I have refi. What steps do I need to take? How to write the contract? Do I get my name added to t...
Account Closed
Is a major cement shortage coming?
Many are projecting a worsening of the cement shortage. The border wall will certainly not help. Currently about 4 million metric tons of 14 million metric tons Texas uses each year have to be imported. It takes ye...
Tiju Abraham
Paint exterior brick or put up a fence
Hey BP,I have a question for you guys. If you guys are flipping a house in the 220K price range. Would you put up a fence or paint the exterior brick? What do you think would bring more buyers to close on the house?
Mohamed Mahmoud
House hacking in the GTA
HelloI'm a newbie in real estate investing. I live in Mississauga. I'm searching for my first house hack deal as a way to get into real estate because I believe it's a powerful strategy.I'm looking to find a realtor a...
Todd Rizzardi
How do I estimate expenses in an unfamiliar market?
I was just practicing with the BP calculator on a real property that is for sale -- 12 units.This market is about 50 miles away from me so any suggestions on how I can make fair estimations of all the expenses to plug...
Matt Geerts
lease-option a power of sale house
Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
Kristi Kandel
How everyone else complicates and loses deals for you
2 weeks ago my business partner and I closed on a 4-plex. Needless to say it was not a seamless process. By the time we finally closed instead of feeling excited we just were relieved the mess was behind us. This was...
Alysa Phalen
What are the responsibilities of a Property Manager in hurricane?
Good day,I live in Colorado but own a 9 unit rental property in St Pete Beach, Florida. I was very concerned when I heard Hurricane Irma was headed to FLA and called my property manager last Thursday, who told me th...