Here is a fairly basic question I've got concerning out-of-state investing and I'm looking to get people's opinion concerning hiring a contractor to work on a project with me.I recently read @David Greene's book on ti...
Hi all,This is a great forum and very informative answers to our inquiries. Here is another: we have an opportunity to acquire a piece of land, approx. 7 acres, and is zoned light industrial and has a conceptual sit...
Ground work:Purchases: 2015 SFH1 purchased 3/2 118k rents for 11002016 SFH2 purchased 3/2 122 rents for 11002017 (10/28/2017) closed on first multifamily (4plex) for 268k 12k in repairs expected rent per unit is 800 b...
Hey everyone,I wanted to see what recommendations the BP community has when it comes to rehabbing a property in preparation for it to be rented. 1. What kind of material would you use that is ideal (low cost, durable...
Hello all, My wife and I closed on our first property March 2021. We live in the property, but we want to list 2 of our rooms on Airbnb. We have been renovating the extra rooms and getting them ready to list. However,...
New investor here - my contractor informed me yesterday that my house he's rehabbing was vandalized. They took many tools that totals approx. 10K. He's asking me to contact my insurance to make a claim, however this w...
Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...
Good morning BP! This question has been a curiosity of mine since I've purchased my first property this past July! I Used a conventional loan and went in with 20% down already. My question is how do you g...
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...