Bienes Raices
Tile floor breaking apart
I went to look at an REO and when I walked in I noticed that several of the ceramic tiles were cracked down the middle. When I started walking around there was a "crunching" noise even when I walked on the unbroken ti...
Adam Scheetz
My partners insist on paying me. How do I calculate my worth?
Good Day Everybody,Before I ask my question, I’m going to provide some context so hopefully what I ask makes sense. I was asked to be a part of a team that flips single-family residential properties in the Atlanta mar...
Sean Pincus
Flooring / Subfloor
I am renovating a house in Philadelphia. I have old growth pine tongue and groove 'subfloor' on top of the flooring joists (3/4" thick). I then have a 1/4" thick layer of what appears to be MDF or possible masonite. I...
Corey Dutton
Bank Crisis and Recession in Europe Ignored By Most U.S. Media Giants
Watch Fox News tonight and you’ll see news about the upcoming U.S. Election, the U.S. Housing “Recovery,” and of course the Olympic Games. What you won’t see, is any news about the banking crisis in Europe and the re...
Medina Norris
New Member from Columbus, Ohio
Hello BP family,
I'm a new member. I literally just found out about this earlier today. I accessed the website and was amazed at the wealth of information available. Little about myself I'm just starting out, I am a...
Lynn McGeein
Anyone else noticing large rise in real estate taxes & insurance costs?
Just checking my yearly expenses as they are higher than I estimated. Turns out real estate taxes for one property are 16%!!! higher than just last year, several others up over 7% from last year, largest yearly incre...
Michael Germinario
Property Management Policy & Procedures
Hi BP!I'm in the process of writing down my official property management policy and procedures. Does anyone else do this? Is anyone willing to share theirs, or know of any good templates to use?My thought process be...
Shem Varhaftik
Process of obtaining permits for multifamily dwelling in Baltimore
I'm about to go under contract on a home zoned as R-8, which according to Redfin is classified as residential multifamily. It states that both commercial and multifamily uses are permitted. However, the seller claims ...
Asher Anthes
Using HELOC's
So, I cash out refi'ed my first property up to 80% at 3.75% fixed. I'm about to close a second mortgage to go up to 90% LTV and give me an additional $17,500 in cash out at 4.75%. I'm using all the money I get out o...
Oliver Graybar
Perfect property but I lack funds. Where to from there?
I comb through properties all the time and I finally came across one that I believe to be an absolute perfect investment. It is a 6 unit (2bedroom 1bathroom per unit) Apartment building that is literally 50 ft from a ...