J. B.
Circuit breaker with known issues failed, food lost. Property manager responsible?
I am a small-time landlord myself, but I have a relative who is a tenant in a very large apartment complex. The complex is relatively new, being only a few years old. The circuit breakers throughout this very large ...
Greg Grant
Commercial property advice
Thinking about buying a 7 unit building in a class C area. I wanted some advice if I should or shouldn’t buy it? Let me break down the deals. Sale price $125,000 I am thinking of offering $60,000Rehab $110,000 it need...
Donell Cummings
Equity
When looking at a house to rehab, how do you find the the EQUITY in the house?
Eric La Pratt
Moving in without a Certificate of Occupancy (CO) in Chicago?
I was talking with an fellow Chicago based investor today and the topic came up about moving in without a CO. We were curious: Is there anyone who has (or has directly heard of) experience with this and is willing to ...
Eric Costa
Help me, Im starting a Flipping Buisness
This question is for the professional home Flippers out there in BP land. If any of you wouldn't mind sharing some details, I would greatly appreciate it!I'm starting a Flipping company with my cousin. We will be the...
Cheryl C.
Would a rehabber buy this?
Many of you will hate these numbers (rent), but here in Northern Virginia they seem pretty decent. I'm closing Wednesday on a 2/2 condo. Recent comps are 215K. My price is 154K. It is fairly new (less than 10yrs o...
Dawn Oree
Insurance - Any Suggestions On A Good Company?
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
Account Closed
Pay off mortgage, or buy another property?
Hey, BP fam!Would love to get everyone's two cents on my current situation. I purchased my first property, a 2 bedroom canal-front condo in Pompano Beach FL, this past August. I bought it for $165k with 30% down, and ...
Nicholas A.
Partnership Proposal for Rehab and Hold - Quadplex
Hello,
I am in the beginning stages of partnering on a Quadplex deal. I want to get the partnership structure taken care of ASAP so we can agree/disagree, negotiate and move on.My partner is out of state (California)...
Rich Spaulding
What defines an investor friendly real estate agent?
What is the definition of an "investor friendly" real estate agent to you? As a real estate agent, investors like to ask me if I'm "investor friendly". I'm curious, what does "investor friendly" mean to you? What d...