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When you walk through a property to estimate rehab costs, what online tools or apps do you use?If none of the tools out there fit your needs, what features would your ideal app have?
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Ok you have a rental property for 7yrs the hvac needs to change or roof needs replacing What would you do?Upgrade those items and keep renting or sell off at discount? And how do you fund those repair items?
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While analyzing a potential deal, I'm creating a pro forma and wanted to see what expense line items that I'm potentially missing. Can you guys offer some advice? It's a 7 unit apt building...Here's what I have:Fire...
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Hi, my tenants just moved out and the property is a complete mess to the point where a full rehab may be needed. The security deposit is approximately 10% of total repairs so it won't cover most of the damages. What's...
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So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
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Hello BiggerPockets, I needed to just let this out and ask for an advise. I am a first home buyer. I am under Due Dilligence currently on a renovated townhome. My realtor suggested I should offer 10k on top of apprai...
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I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
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We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...
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Newbie question here... I place a low ball offer on a property and two people with higher offers put them in after me... Does the seller have to respond to my offer before he sees the other offers or can the seller re...
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I'd like to see what people put into a flip property ... Anyone gone overboard on a flip?