Hi BP,I just had brand new tenants moved into my upper duplex and everything has been going great. Today they texted me telling me that they are very nervous about the ceiling which has some large cracks in it and se...
Hey BP... I have been flipping and renting for some time and now I'm attracting some private money people (friends that I know) that want to fund deals. Does anyone have any standard agreements they don't mind sharin...
Hi Everyone,I am writing this because I recently came across a potential deal, and am looking for advice. I found a home in Janesville Wisconsin (I live 20 minutes away) that has been converted into a four unit. Thoug...
From reading on here and listening to the podcasts, it seems this isn't too uncommon in the rust belt. However, I'm looking to do this in Texas for about $65,000. It would cash flow around 17% based on projected ren...
Hello,
So, the inspection report came back with multiple hazardous flags that needs to be addressed , but the most one that it is expensive (25k cost) is the" knob and tube issues "of the electrical stuff. Its old ho...
Hi BP,I am looking at a property that has an empty oil tank. What does that mean? Am I obligated to do anything in the sense of removal? I know I need to disclose this information if I were to sell, anything else to b...
I'm about to pull the trigger on some land for a new build single family. I'm wondering if anyone recommends additional contingencies written into the contract other than your typical "title, survey, appraisal, insura...
I consistently see posts on BP and elsewhere that claim an investment has "no downside risk." Alternatively, the ads claim "no market" risk or some variant thereof.
Am I the only person that thinks this is complet...
Currently have a Duplex under contract for $35k, rehab estimate is at $20k with a $5k contingency, ARV is $80-$100k. Looking for thoughts on what some experience BRRRR would do with this place cosmetically (already d...
I have been working on my house that I am living in with the goal of moving out and turning it into a rental property. I own the home outright from an inheritance. The house was built in 1968 I have recently done some...