Wade Sikkink
What are these holes?
We are rehabbing an apartment in a building we recently bought. When we pulled up the old carpet and pad we found these holes all around the edges of the rooms. This is a ground floor unit so the subfloor is a co...
Sean Dezoysa
How to set up a deal with two wholesalers involved?
hi, I am working with another wholesaler right now and we may be splitting the profits on a deal. I've never worked the same deal with a wholesaler before so I wanted to ask you how this is typically done.
1. The o...
Eric Mcginn
Using equity with a mobile home on the property
All in Maine Let me start with my latest deal, which is falling apart. Restaurant building for $80k, I was going to get a second mortgage on my 3 unit rental with my current bank to be the downpayment restaurant build...
Jenna W.
Best areas in Florida?
Hi everyone! This is my first post here and I’m new to Bigger Pockets in general. My husband and I own a home building and flipping company that we opened last year. For a variety of reasons, I would like to relocate ...
Loc R.
Potential Deal, Input Please
Deal 1:
I've got a motivated seller of a 4-plex. With a cash offer of $150,000, the cap rate is going to be 15.2%.
Now, I've got an investor lined up who will fund 70% the deal (I'm putting up 30%) at 7.5% (20 ye...
Kim H.
Cost to Separate Water Meters
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...
Robert T.
Cost estimates
Dear BP RE developers:We are building a single storey 2 Unit 2250 sf flat roof retail building (unfinished) in Houston on 8200 sf lot on a busy street. 1. Was told that it is likely that we need to build underground f...
Easton Enge
Determining Duplex ARV
Do you do it the same as you would for a single family home? New bathroom adds $X value, new kitchen adds $Y, etc.
Michael Kretch
Pros/Cons of PAL (Pledged Asset Line of Credit)
Hello,I'm currently in the process of applying for a PAL. Basically, it is a revolving line of credit secured by cash and securities in a brokerage account. The line can be used for non-securities purchases, such as...
Kaushik R.
Is water heater on a gas line?
The water heater is turned off (no light on the dial - used to be green) and there's no hot water in the unit. Circuit breakers are fine. Is it because the gas connection was turned off and this heater needs gas to op...