Derek Caffe
Estimating Rehab Costs on Small Multifamily Properties 2-4 units
Hello BP Members,Can anyone explain how the rehab costs differ for small multifamily properties versus single family homes (SFH)? I purchased the BP Book on Estimating Rehab Cost, but considering it's focused on SFH, ...
James Canoy
I'm about to make my first offer and I'm nervous
Ok. So I'm about to go see a foreclosure. They're asking for 70 and the comps are a 240 at the low end. There may be a contractor meet me there. I've applied the 70% rule which I changed to the 50% rule just to make s...
Jared Sandler
Something obvious, but something people often get wrong!
I can't tell you how many horror stories I've heard from folks about their GCs totally messing up their investment properties in one of a variety of ways. We allow our borrowers to choose their GC but prefer that they...
Alissa Schmitz
Seeking creative options to purchase specific off-market property
I heard about this off-market deal and I'm wondering if I can make it work. I'll post the property details below but here's the situation:
Owner recently purchased the property this past April (5 months ago) but now...
Jeremy Porter
Streamlining Maintenance Coordination: A Guide to Assisting Landlords
I understand the critical role of efficient maintenance coordination in ensuring the satisfaction of both landlords and tenants. This guide is designed to equip property managers with the necessary tools and strategie...
Christen G.
Baby's first Brrr - give it to me straight
Hey folks,I'm new here. I have a few properties in Washington State and am looking for more. I have next to no skills in handy-work to say the least and I'm not particularly interested in learning. Give it to me strai...
Josh James
3br 3.5ba in -but on the edge of- a classy neighborhood
I am looking at buying this 3200 sq. ft. house at or below 100k. ARV should be 230k but a realtor said not to expect that because buyers can buy new homes (not in the area) for 210k. Average house in the area is wo...
Griffin Malcolm
Getting Bids From Contractors
How do you guys actually go about getting bids from contractors for rehabs? Is it before you buy or after? Seems risky waiting until after the purchase when holding costs will start to pile up, but it also seems silly...
Alex Liu
Seattle property - sell or rent
Hello, My name is Alex. I'm new to the forum. I'm looking for some advise on my rental property at Seattle. I can't decide whether to keep it as rental or sell it. It's single family built on 1960s. The property is ou...
Pete Woelfel
Looking for an inspector
Hi Milwaukee BP friends,I have a 4 unit property under contract. One of the units will require quite a bit of rehab. We have an inspection contingency and I'm hoping to hire an inspector with experience in multi-fam...