How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
Hey everyone! I'm a newbie investor looking to get started with buy-n-hold rental properties in the Rockford area. I saw on a BP blog post that the area offers excellent cap rates so I am beginning to research the are...
Hi, I am working on my first flip and have started bringing in GCs for estimates. Since I know a lot of individual contractors, would you recommend speaking with electricians, plumbers etc to cut out the middle man an...
I am going to move ahead a little into the finishing work, this discussion is getting very long and possibly tedious. I have skipped ahead a few weeks to get to hardwood.Post 48 - hardwoodIt seemed like the entire ci...
My partner and i needs your advices on how we can save on our first commercial (six plex) apartment rehab construction in Kansas City, MO, Any advise?
Hello all!OK, so I'm new and I am reading and learning and marketing. Wash-rinse-repeat. I've even been involved in negotiations with FSBOs that have unfortunately fizzled. For the seasoned wholesalers, my question is...
Hi all! I need help with clarification on permits in Cleveland Ohio.
I bought a duplex and replaced electrical panels and turned attic space into additional bedrooms.
My general contractor says I don't need pe...
Hello, I am fairly new to the BP forums but listen to podcasts regurlarly. My husband and I are buy & hold investors in mostly single families and a couple of 2 units. We have an opportunity to review an opportuni...
Although my BP post count is climbing, and my knowledge is increasing, my portfolio is still at zero - and I'm afraid it will remain so until I start to get a grasp on financing techniques. I would absolutely LOVE to ...
I have a fairly dumb question. When a house has been foreclosed and it say's,
"The lender has taken ownership of this property through a foreclosure auction for the amount of .." and the original loan on the ...