Juan Diaz
Fix-and-Flip Investing: Estimating the Repair Costs
Fix-and-Flip Investing: Estimating the Repair CostsLet’s assume that you are new in the house flipping game. You probably heard a handful of advice from the experienced investors telling you one of the biggest and mos...
Jason Sung
Foundation warranty take over from the seller
Hi folks, I just closed a property. I bought it off-market from Sundae.com. If you have not heard about it, it is like an auction. I bought the property based on inspection report. The house has foundation issue; crac...
Matan Farhi
First Time Home Buyer: Foundation Questions
Hello Biggerpockets community, was recommended to try this forum out for some guidance. My fiance and I are interested in a home in the Baker area. We placed an offer for 10k under asking and it was accepted same day....
Charlie Anne
Capex & RepairsRate will make or break this deal - advice please
Hello,
I'm trying to buy my first rental property and I'm not sure if I am using the right Capex & Repairs rate.
I have seen estimates that range from 10% to 30%.
The house I'm interested in purchasing is a 3 b...
Daniel Rines
Filing rehab expenses for tax returns
I'm preparing to file my taxes as a land lord for the first time and looking for some help. I own a duplex and live on the second floor but plan to move out and rent this floor. Can rehab costs for the second floor ...
Sophia Morris
Landlord is telling me she wants her home back
I just paid my landlord her full rent amount, and now is telling me she wants her house back to fix minor repairs due from Harvey. I have never been late paying rent, she said I always was a a good tenant but states s...
Victor Morgan
Buying As-Is Short Sale: Needs Roof, can't find insurance
I've been reading these forums for several months and would like to thank the members for sharing their expertise. I have learned a great deal about real-estate investing and operating a rental.
The home I am...
Account Closed
First Whosesale Deal: Are my numbers right for my offer?
I have a motivated seller in Maryland who is looking at possible foreclosure. I base my numbers on: (ARV x .65) - repairs = Max Offer. In this case: (285K x .65)-15K= (185K) - 15K = 170K max offer. Her mortgage bal = ...
Carolyn Guertin
Query re implications of renting primary residence
I have some questions that I hope the BP community can answer for me. My elderly father has just moved into in a retirement home. He is weighing the pros and cons of selling versus renting out his home in the GTA. He ...
Hunter Meo
Foundation issues who to hire.
Keep running into houses with foundation issues. Who should I have to come look at them during inspection time? Structural engineer? Foundation repair company?This particular house is 600 sq ft with a full basement an...