Hi all, Recently my SF rental property had some pipes freeze and burst, causing a considerable amount of water damage to the house. After moving the tenant out, the property manager repaired the damage, and in the pro...
Hi BP community. I have a contract to purchase a SFR in Canton Ohio that has a foundation issue. The foundation has sunk a little causing the floors in the home to slope a little. We have estimates for repair work ...
Hi Everyone! I am a first time investor and I am home hacking in Chattanooga, TN. Great location, bungalow style, single family home with free standing apartment. I am under contract- the main house was built in 1920,...
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
I've been reading the forums and soaking up as much information as possible for the last 6-9 months. I finally decided to jump in and purchase my first turnkey property which closed about 2 weeks ago. Everything was s...
What’s up BP? I’m in the market to buy my first rental property, and I came across a property in a prime location and it’s 100k under market value. Needs a rehab and more importantly a re-leveling of the house. The ...
In brainstorming about purchasing a 302k property, how much out of the gate should be budgeted for repairs? I would still budget in 10% for capital expenditures, but for this question I am only interested in repairs f...
Does the "After Repair Value Calculaton" ARV discount percentage ever increase or decrease related to the neighbor that the property is in? I normally use 65% - 70%.
Hey, im currently looking to flip a house here on Long Island, New York.
Im currently looking at a house for $160k with about $15k repairs and about $240-250k ARV.
I have about $40k cash in hand. Great credit. Grea...
I have an investor sending me properties everyday in my inbox. They are rentals with property manager and tenants already in place paying rent. One of the houses is selling for $25,000 that is rented at $650 per month...