Mike Bussing
Should I invest in this rental property?
I am looking at an out of state property to buy as a rental. This would be my first out of state property and I want to know if others think this is a deal worth doing or not. 3 bed 2 bath home in Ohio.
The purchase ...
Curtis Mears
Am I Stuck Paying a scamming Contractor
I have a beach property which needed some fascia wood to be replaced and also the roof over the porch along with a few other minor items. The porch is about 18' by 10'. I was referred a contractor so I was definitely ...
Faith Importico
How much are your rental grade rehabs?
I have a wide range for how much rental grade rehabs cost. Where are you from, and how much are rental rehabs costing you and your team?
Luca Giani
How much Home Insurance Coverage?
hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
Scott Titus
Cashflow, Vacancy, late fees?
Further Analyzing rental property. Purchase price $50-60k. Low income area, not a warzone. Not counting on appreciation. Rehab 15K. Here's my #'sHome rents for $900 per month (5-10% below MR). Vac 10% ($90), maintenan...
Chavis Atkins
Leaning walls, soil and foundation problem on half slab/basement
Hi, I have a property in Schererville, IN that I'm looking to get under contract that is a 4 bedroom home around 2700 sq ft with a partial basement of 800 sq ft. This home is worth between 230 to 250k and the purchase...
David Switzer
Question on Cap Rates
I understand that Cap Rates are not a set number in an area/property, and they depend on many factors. So here's my question:How do you strike a balance between higher cash flow vs building value? Example:----------...
Matthew P.
Newer investor in the Utah market.
I am a newer investor in the Utah with a descent sIze HELOC to invest with. I have made 4 offers in the last two weeks on estate sale homes, all cash, closing in 4 days, 100k earnest money, with only due diligence as ...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Jeremy Simpson
Newbie from Durham North Carolina
Hey everyone. My name is Jeremy Simpson and I just stumbled across BP and I am already blown away by the amount of information available. I cant wait to jump in with both feet. (is there another way to jump in?) and r...