Hello BP! I have recently become excited about a townhouse for sale in my area and I need some opinions. First some facts:The property is currently being used for SRO. It has about 3,600 sqft, and three floors. It nee...
I have been looking for the answer to this question on the board and can't pin it down. It appears (to my highly untrained eye) that equity gains do not appear in CoC ROI. Is this the case? If not, why?
Hi, When analyzing property and wanting to BRRRR, do you apply the monthly loan expense to the property with the refi loan, or apply it to the next property to buy? I've also remember reading some controversy about w...
I’m new to this and don’t want to make any mistakes calculating my numbers before I purchase. What’s the best way to calculate comps on a house. Is there any tool or website that can do it for you? Thank you for your ...
I have a close family member who wants to move out of their home and offered to sell it to me for a major discount. I am wondering the best route to take on a situation like this. As far as paying the least fees since...
Hi BP,
I was surveying Cape coral market. I realized the risk of flood in that area is very high. Is it a good idea to invest in such an area? Should it be okay if I have insurance, do they cover floods? Did anyone l...
Hi, my name is David and I'm posting here to proclaim my seriousness in officially joining the real estate world!About me: I'm 33ish years old, just moved to Columbia from Charlotte at the beginning of the year and bo...
There’s a lot about real estate investing to make it attractive to investors, including residual income, value appreciation, and the security that comes with owning hard assets. But the other side of that coin is that...
I'm in discussions with a sellers agent now getting some of the loan info of the seller. The seller has a house listed for $270,000. She has a balance on her loan of "about" $187,000According to the information the ag...
A week or so ago our tenant reported that the basement smelled of gas and they were worried there was a leak. We instructed them to call the emergency line for the gas company and have them come out. They did and the ...