How do/did you decide on a budget for the renovations that need to be made on a rental property? Say you know what needs to be done, but need to determine cost of materials/labor.

I have a property that i feel would be good to do a deal with. It is listed with another agent and he has been sitting on it for a while and is willing to negotiate on the price. I asked if he knew the rehab costs or ...

Hey Guys,

Could you explain how you determine what grade a neighborhood is from A - D? Is there a website or service you use to determine this? I will be looking for some long term rentals and want to make su...

Hi BP,

I found a great house listed FSBO at $389K. Owners are motivated and want to unload the property. They've only posted external photos which leads me to believe it's a wreck inside.

Comps/recently...

Hi all,

Apartment rental prices are easy to find, but for a mixed use unit, I'm having a hard time finding commercial lease rates. Loopnet isn't helping -- can you recommend a site where I might be able to co...

I'm considering buying timber land and I'm trying to figure out how to do calculations to determine good deals. My ideal situation is to find arbitrage opportunities where the price of the land is less then what the v...

Hey guys, i am really itching to buy my first rental property!!! I just am nervous! How do you guys come up with the rental rates for your properties? Do you increase them each year?

Hi BP community,

I am new to the flipping side of real estate and I am trying to run numbers on a flip that I am looking into and I am struggling to come up with what would be a good resale price once the flip is co...

Hi;

As someone new to the business and without handyman experience, how would I estimate repairs on a property?

Guys,I am looking to make an offer on an off-market property. The particular property I'm looking at is the largest in the neighborhood. Similar square foot, bedroom count, etc. comps in the area are on the water, but...