Jimmy Meeker
Renovate, sell, pay owner, keep profit. How should I handle this?
A buddy of mine knows a lady from church that has a house that she will sell us for 80k, renovation would be 30k and we could sell it for 190k. Me and my buddy will pay the renovation 50/50 using cash. The lady that o...
Eric DeVito
Help Newbie Analyze this Property?
Hi all, this is a two-family home I am interested in. I will be going to see it tomorrow with a realtor just to take a look at it. It is a short sale. I will be using this for buy and hold purposes. Home was Built in ...
Carl Ohai
Mobile Home (double wide) VS Stick-Built and Comps?
Suppose you are trying to compare comps in a given neighborhood. What % of a value do you figure a double wide mobile home represents compared to a stick-built house of the same size and condition?For example, let's s...
Austin Mize
Questions about the intention journal
Waiting for my intention journal and wanted to ask a quick question. I work 3rd shift for now and I’m usually waking up around 1am to leave for work I am curious on if I should be waking up early to journal and do my ...
Kris L.
Tenants and Divorce with a Longer Lease
Hello,
I have run into a situation that is new to me that I haven't really thought through. I have a couple who have 18 months left on their 2 year lease. They are married and have dual incomes, but they let me kno...
Yaya Y.
Determining Value Add Renovation Costs
Before you purchase a MF investment, what math do you do to precisely figure out how much money should be spent on renovation costs? I feel like it’s much easier said than done once you actually begin renovating. What...
Josh Springer
New to BP, local to Dayon Area
Hey all, Just wanted to take the time to introduce myself. I've lurked around some various forums for a while now, but have consistently been referred to BP for investment education.Now, I'm not like some that claimed...
Nicholas Patrick
Something wrong with property? A few questions inside.
Never purchased real estate before. If a multi-family deal has been on the market for over 20 days is it safe to say that it's not really a deal?Should it be a red flag that the person is selling even though the build...
Dave Meyer
What is "reasonable" time in Colorado
I have a broken boiler/hot water system, and unfortunately the needed parts are nowhere to be found. I bought the parts and did (extremely expensive) rush shipping to get the parts here ASAP. From time of tenant repor...
Frank Jones
Internet Entrepreneur Diversifying with Real Estate
Hello everyone,I have been listening to the Bigger Pockets podcast for the last few months with the intention to begin investing in real estate within the next 3-5 years. Now, I find my business is growing more rapidl...