Jennifer MacDonald
Should I flip it or rent it?
I have purchased a single family home: 1550 sq feet, 3 bedroom, 2 bath that I initially bought for a rental. However, due to home prices in my area I'm wondering if this should be a flip instead.Here are the numbers:p...
Nancy Wang
buying a half constructed house
This is in Dallas, TX area. I am interested in a half constructed house - house was built on top of an existing foundation (pier and beam); The original house was in 1950's and one story, now the owner has framed up 2...
Andrew Merritt
Help Me Analyze a Deal
Hey All, looking to purchase my first investment property. I'm in the Charleston, SC area and am trying to decide between a SFR or a duplex. Here are the numbers:DuplexPurchase Price: 180kRent: estimated at 1k/side,...
Jason Howell
Budget for CapEx vs Repair on long term rental property
I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
Mark Rustin
What am I looking for when I see a property?!
Hello all!I've been doing research and saving money for months now, and a chance encounter with a Real Estate agent lit a fire under me. I now have an MLS search set up and a loan broker. My prequal is done, and I'm a...
Devan R.
Home Exterior Color Not As We Expected
My wife and I have signed a contract for a new construction home in Florida. The land was bought by the construction company and we chose our lot and house model. (There are 18 homes going up in the enclave) The pi...
Sabrina H.
Want to setup an LLC in Colorado (partnership with my mother) for investing in rental properties
Hi! I'm fairly new to the site (been browsing for a week or so) and haven't landed on exactly the information I'm seeking, so I thought I'd post my questions instead.
My mother sold her house in the southeast recen...
Brian Berry
Section 8 property owner - changed PM, no payments from CHA for 4 months
I am looking for suggestions on next steps. I have SFH in Chicago that is rented to a Section 8 tenant. Chicago Housing Authority (CHA) has always been very reliable in making payments on the first of the month. In Oc...
Rafael Floresta
Estimating indoor repairs for a foreclosure
I got the gist of foreclosure auction here in my area, but I am still unsure of how I should estimate indoor repairs for foreclosures. I can estimate things like siding, roof, grading by driving by, but most of the...
Ellis Brown
Looking to buy my first Vacation Rental property.
Hello BP family. I am currently overseas working with the US Military. I am very much interested in buying my 1st Rental property in the Orlando/Disney World area. I contacted a Veterans Affairs loan officer to get th...