Phil T.
BRRRR with HELOC question
I'm in the process of getting a HELOC to use towards purchasing a rental. I plan on buying the rental with the money from the HELOC, then probably doing a BRRRR on it. Should I be concerned about doing the refinance...
Julia Hagen
Just spent $7,000 on home warranties..?? 😫😳
I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...
Chris Skutnik
Cap Rates on Long Island
Hi BP Community!I am in the initial stages of planning a house hack in Nassau County on Long Island. One thing I have no yardstick on is what a realistic Cap Rate is in Nassau County. I know Cap Rates can vary widely ...
Caleb Christopher
What am I missing on the BRRRR Calc?
#1 - why aren't there any SLIDERS at the end of the BRRRR calculator? They exist on the Fix-and-Flip and Rental calculators!I want to use it as a single calculator to figure out what purchase price would be appropriat...
Kasia Harmata
How do I figure out the ARV if there are no comps ?
I am looking a certain neighborhoods and looking to find the ARV's for 2,3,and 4 unit buildings. For some of these, I can't find comps, even by searching as far back as the MLS states. If I buy a property, renovate, a...
Jason Stephan
Property Analysis
Ok where do I begin...??? I have come across a property that has a main 3/2 house and a 2 story guest house with long term renters. It is also designated as a historic district which is very popular here in Phoe...
Kris Bano
Looking to add a bathroom, have some questions
Looking to add a full bathroom to this home: https://www.zillow.com/homedetails/219-Ingleside-Ter-Kalamazoo-MI-49006/84494403_zpid/?Will be renting by the room to college students. It's currently 1.5 baths, with 5 roo...
Account Closed
Need help with analyzing a property management agreement
I'm in the process of purchasing a property that is currently tenanted and managed. I've been in communication with the current PM and received a sample management agreement. Since this is my first property purchase, ...
Chad Workizer
5 Plex Advice
First off I need some help understanding financing on a 5 plex. I've read that I can't do a convention 30 year fixed on property with over 4 units? If I can't what options do I have and how much higher are the inter...
Tony Corbiere
Calling all RE Investors in San Antonio, Tx
I'm a realtor and general handyman in San Antonio seeking a full-time commitment to work alongside - and add value to - a real estate investor or firm who has exhibited a fair amount of success with house flipping and...