Recently purchased a rental built in 1910. We had the sewer line scoped before closing so we knew there could be potential problems and that $12k would be the worst case scenario if we had to replace it. Well, we have...
Hello BP,I'm new to the forums.I have a goal to purchase my first property with an FHA loan this year to househack.I was wondering what is the best way to analyze a multifamily property when being used as a househack?...
Hi all, we are currently renovating my moms home built in 1900. It has a 1st floor with 12 ft ceilings and basement with 6 ft ceilings. We have party walls on both sides.Our goal:We are looking to make this 2 separate...
Walked through a property today. One point of concern is a tree that is in the neighbor's yard. The tree is very old and healthy, but its roots are MASSIVE and are growing near / under the foundation of the house (mon...
While renovating a home in Atlanta (East Point City to be exact), we found two sinkholes that are causing by the stormwater drainage pipe that is leaking under the neighbor's driveway. It has been releasing rain water...
I'm a newbie looking to gain knowledge. Any help would be appreciated.
Hello all,So last year I acquired my first rental and it ran like clockwork "knocks on wood".... So now it's tax season. I have a property manager who sent me an end of year statement, but I'm wondering if I need to f...
How are smart and seasoned investors doing their market due diligence? Do you use a software program or are you digging various websites and compiling longhand?There are a ton of software systems and "how-to" resource...
Hello everyone,
We're currently in escrow for a property and recently received the inspection report, which highlighted some concerning findings regarding the plumbing. Specifically, the report mentioned: "The pipe a...
Has anyone worked with Three Pillars Capital Group before? How do you evaluate a value-add multi family syndication deal? What parameters to consider? Does 8% preferred return, 70-30 split waterfall model, 20-22% IRR ...