Hey BP, I had a question on saving for expenses. I understand from the podcast and reading how important it is to account and save for Vacancy, Repairs, and CapEx Expenditures in Buy and Hold Rentals. The BP calculato...
2800 sqft bi-level home
SCOPE:
Refinish floors
Open kitchen wall to dining room/living room
Rip up carpeting
Take down wall paper and refinish/paint all walls and ceilings
Add/Switch out 16 high hats
Update al...
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
All, I got below quote from a contractor and it is much higher than expected. Would anyone be able to say, which components are overpriced? This is for a rehab outside of Columbus, OH. Any help is appreciated. Irina
You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
Hey All,
I am looking to purchase my first investment property (Canada) and was wondering everyone's thought on the deal as I am not sure whether this is good or not the best. I was hoping to get it for around $300,0...
When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...
Planning on buying and holding a 2 to 4 unit next year and house hack on the North side of Chicago for my first deal. I realized that most of the buildings I've looked at have garden/basement/in-law units (so below gr...
What is the best way to bring up your credit score ,
I have a commercial retail property in NJ and thus am familiar with it here. However is there anything significantly different in Michigan? Also, the sellers agent will not give me copies of the lease until after an a...