Hello all,I've been using the BP Rental Calculator to analyze some different deals, but one part of the equation that I always feel as if I'm speculating too heavily on is the ARV and Estimated Repair Costs. I've been...
https://www.youtube.com/watch?v=eka8XP_0wBwHow would you handle a $2,000 water bill? or an unsuspected issue. I would think as a newbie like myself i would be panicking!Any specific advice?
We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...
I am a new investor with just one turnkey property under my belt. It was long and educational process that did not turn out as well as expected. But that speed bump did not stop me in my tracks (working on a post to...
Hey BP Community -Apologies in advance, but I didn't see a clear cut category to put this post in, so I left it here in a spot that might get some viewership. Not sure if this has come up before, but I'm looking for l...
I was looking into purchasing a multi-family home in south Florida close to Miami. I talked to an investor I met from the area and, she advised me not to buy property down there because it will be underwater in 10 yea...
Hi, everyone. My name is Remrie. It is nice to meet you and I expect great things to happen as a result of BP. I have chimed into the podcasts for a while and you can see on my profile that I've been a member for a de...
I am very new to real estate investing. I am actually looking to purchase my first home, which is an REO property. I would say the property's After Repair Value is $95K. It needs about $20k of repairs. It has been...
I am thinking of paying cash on the house then getting a home inprovment loan to fix it and rent it out as the home inprovment loans are at a lower intrest rate. any advice ?
Hello all,I originally posted this on general landlording (link) but got no responses. So I am reposting here, instead. I am a new investor (or are in the process of becoming one) and I am planning on using avail.co ...