Steven Mitchell
how do you protect yourself from cut floor joints?
We recently bought a house, after getting two foundation bids, a stinker with cut floor joints. This added another 10k to the rehab and killed the deal for us. How do you guys protect yourselves from this? We talke...
Mike Stock
Value of a 100% vacant mobile home park
I'm reaching out for some advice/thoughts with regard to purchasing empty mobile home parks.
I'm looking at a 92 lot 100% vacant park, which has city water/sewer, no gas (but gas could be run from the street, and n...
Curt Bixel
Private money lending - Due diligence
I am in the process of refinancing several rental properties and should have several hundred thousand dollars of cash in hand when this process completes. I have been looking for properties that I can purchase and ad...
Leo R.
Are we on the verge of a wage / price death spiral?
Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
Cole Farrell
Residential Loan Vs Commercial Loan
Hello, I am about to purchase my first investment property but I am slightly wary on which loan I should use. My plan is to acquire an empire as I am sure is many others. Having this goal in mind, I created an LLC and...
Tara Myrick
St Louis City - 1st time home buyer - 4 family - need guidance
Hello everyone...I need advice...ok...here is my scenario-Pre-approved for $140k (HUD 203K loan)-1st time homebuyer-looking at 4 families (LRA/MLS/Tax)-looking at properties in St. Louis City (North City-$1.7B NGA pro...
Jorge De Jesus
Seduced by Syndication
I’m dangerously curious about sponsors and how they become that. What value do they bring aside from perhaps finding the deal and having some skin in the game also? Are they expected to have the ability to put all sys...
Fred Gaston
300 Unit Bid Questions
Thanks in advance for your thoughts. My investors & I made it to the final round of bidding on a 300 unit apt bldg in the Southeast and I have some questions. We all have varying levels of RE investing experienc...
Sally O.
Install gas line and new gas stove???
Hi all,We just renovated a home in a nice neighborhood. We got a renter for $1,300 a month. She asked about a gas stove. We just got a gas line and a new furnace. Should we put in a gas line for her and buy a gas ...
Quentin Mitchell
Good Tenant (Rent increase)
I just wanted to know people's opinion on this, if you have a good tenant but their rent is below market value, should you look to increase rent even if it could be pushing them out of the property from an affordabili...