Jon Pacitto
New Home Construction Challenges
I was recently told that constructing a new home has become much more expensive recently due to more and more regulations having to be met by those building the new property. I didn't think that it was something exces...
Mary Jay
Getting a mortgage without a W-2
Hey guys,Can you please help me out?Ive been thinking of retiring early, but not sure if it will be possible to get a mortgage if you basically have no job?Ive heard it was still possible as long as rent on rentals co...
Par Attaran
Flood insurance in a non flood zone ?
I don't live in FL, so can anyone tell me if they get flood ins on your properties that are not in Flood zones ?I've had some people say its a waste of money if not in Flood Zone, and others say Flood ins is necessary...
Eric Anderegg
Looking for help!
I have about 100 k equity in our family home in the outskirts of Vegas ( pahrump) we are going to list the house in the next two weeks and move back to Vegas. Our long term plan is not to live in Vegas but with my job...
Account Closed
What is your target cash on cash and ROI in Central California, trying to evaluate a deal
Hey everyone, we are looking at purchasing a property here in Bakersfield and I wanted to pole our fellow BP members here to see what percentage of cash-on-cash return you're accepting. The potential deal I'm looking...
Charlie Rushton
How to evaluate or buy an RV Park
Hi There,I am trying to understand how best to value an RV park. What are the value add components that one should consider, like amenities. Are they a year round revenue stream or more geared towards vacation rental ...
Linda Thomas
Would you approve or not
Happy new year to all!!potential tenant. Rent 1100 per mth. 3300 required to move in. Tenant has good rental history, no prior evictions, been at job for 4 yrs making 60k a year. Doesnt want to move in till 2/1 becaus...
James Stoughton
first deal---here we go.....
Last week I placed my first offer on a property. Asking price was 116,000 and my offer of 100,000 was accepted. Its a 4 unit apartment building with 2 2 br units and 2 3br units. Anyway, here are the numbers.
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Shachar Avraham
How to increase rents with rent control
Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
Lizanette Velez
Tax Question - Improvements and "Placed in service" date
HI everybody! Newbie here from Maryland, loving REI everyday more!! I read some previous posts on this topic but still somewhat confused. (I hope to add a CPA to my team pretty soon). I have two scenarios that wil...