Monika B.
Too Conservative Replacement Reserve?
I bough my first rental (duplex, non-owner occupied) 2 years ago and would appreciate feedback on my replacement reserve amount, and thoughts on needing flood insurance in a non-flood plane. Monthly income is $1,995, ...
Brian Silvia
General Contractor needed in Baltimore, MD - 2 houses
We are under contract on two side-by-side townhouses in Baltimore City -- one is an end-unit that is a "standard" renovation -- adding a kitchen, upgrading both bathrooms, redoing floors, etc, and one is a full gut-jo...
Todd Swalin
Transferring property with a mortgage
My primary residence is owned in a family business LLC. I would like to transfer the property into my own name so that I can utilize the equity to acquire rental properties. I would prefer not to refinance as it would...
John Taylor
Gutting a home and estimating the cost.
I am thinking about buying a condemned house in western Virginia. The home was built in 1898 and is 1456 sq ft. The cost of the home is $20K. I have had a contractor inspect the property and he said that it is structu...
Tyrone Jennings
These numbers don’t seem right to me, need advice
First post, first investment property. A broker I’m dealing with sent me the email below, his numbers are not working out in any mortgage calculators that I’ve used. I’m i missing something?
You have been pre-qual...
Veronica Giggers
Repositioning a multifamily property
Hello BP family. We are considering investing in a MF, it is 12 units with over 90% of the property empty, and needs renovations to all the units. I know there are variables to ever situation. But, approximately how l...
Jake S.
Contractor quotes when offering on a home
When Im finding properties that I like, that need a bit of work, I know i should send a contractor in to give a rough estimate prior to me making an offer on the home. Question is, should i send a few contractors thro...
Jared Trindade
Real Estate Market in Durham NC #2.5
This is a 3 month update to Durham NC market data thread- Previous post: https://www.biggerpockets.com/...
This is counting as the .5 update rather than a full release since this is more of historical data post, as w...
Luis Molina
Need help making calculations (Newbie)
Hey everyone I am new wholesaling and have a homeowner who is awaiting an offer for his property. This would be my first offer so you could imagine I am a bit nervous. Here is the breakdown:
Owner asking: $125,000
Pr...
Matthew White
Another Successful BRRRR
Investment Info:
Single-family residence buy & hold investment in Warner Robins.
Purchase price: $85,000
Cash invested: $95,000
I purchased this Single Family Home in Warner Robins through a whol...