Davit Gharibyan
Making an Offer on Older Multifamily
Hi fellow investors. I have a silly question. I have been shopping quite a bit older apartment buildings (60-70's). Many properties have outdated kitchens and bathrooms. The units are still functional but in serious n...
Emilio Ramirez
Altering a Watercourse for New Construction
Looking at a 5 acre parcel for subdivision for new residential lot development. About 20% has 100 year flood plain. Anyone have experience modifying an existing FEMA 100 year flood plain and incorporating it into the ...
Kyle Curtin
Personal Relationships, big visions, and discouragement
Your mindset is heavily influenced by who you surround yourself with & take advice from.Mostly everyone has heard this before, but I want to stress something that affects all of us at one point or another.This is ...
Wendy Jiang
LVP stairs v.s. Carpet stairs
My rental house is a 3-story townhouse covered by carpet and vinyl sheets. I have hired a contractor to upgrade the entire house to LVPs. However, for the stairs, I am having a hard time deciding between LVP and carpe...
Demian Sims
Selling our Condo or House to reinvest into a multi family... what say you?
Hello all, So we are in a rather good situation but would love to improve it by getting more revenue streams from rental properties. Our situation is that we purchased a condo at the height of the recession for 224,00...
Account Closed
Partnering up for a percent of net profits
Hi All, I have a deal that came across the table and am curious what you think or if you have any advice. The investor purchased a triplex for $1.4mm and will put about $150k into it over six months. with about 20% do...
Brady Aman
How has flipping changed for you?
Being in the real estate world it appears to me that flipping has changed for almost everyone. The interest rates have spiked. It is much more difficult to find a house that is going to provide you with positive cash ...
Matt Smith
$100K cash or $100K HELOC investing?
Is it better to invest $100K in cash (assuming I still have safety fund) or using a $100K from a HELOC to buy a new property? Wouldn't a high balance on a HELOC decrease my credit score even though I pay the interest ...
Sinead Norenius
No HOA reserves but operating funds look good - should I run?
Hi BP Community! Total newbie here - so bear with me if this question is obvious to others! My husband and I considering putting in an offer on a small 1-bedroom 1 bathroom condo in St. Petersburg, FL. Using the Dea...
Jacqueline Brown
Under contract...property needs electrical work.
I'm under contract on a home in a small town where I grew up. All things have checked out on the home inspection except for the wiring. It's a 1948 home (no worries, I'm aware of the headaches that may come), but I've...