Gary Parilis
Cash flow vs. extra cash out
I'm doing a bit of math on a potential deal, and the way it works out, I can potentially put in $80k (purchase for $60k, rehab for $15k, $5k refi closing costs), and increase the ARV to $120k. Thus, I could take $90k ...
Kenneth N.
Tenant Passed Background Screen, but on Felony Bond House Arrest
I own a 4-plex in Texas and recently leased a unit to 19-year-old. He indicated that he had NOT been convicted of a felony on his application and the background screen came through clean.
It’s been less than a mon...
Ken T.
Should I use a handyman or a contractor?
Hello BP, it's been quite some time since I have posted. I finally have a project I'm working on! I have a project in San Francisco CA but the general contractors charge so much. I have a few questions as a first time...
Mike Schorah
Can I use a conventional loan for a fixer upper investment?
NOT looking for a hard money loan (so I guess that I should assume that no one will answer this).
I don’t want to pay astronomical fees for a HML especially if it takes longer to fix up for whatever reason. Is there ...
Felix Sharpe
Looking for Approximate Expenses for Old Louisville Multi-Family
Hey Louisville BP,I'm have a bit of trouble analyzing deals and I was hoping you could help. The trouble is that sellers have not responded to my (or my agent's) requests for numbers on expenses. So when I go to plug ...
Joshua Land
Help with house hack
Help for my sister: She has a 5 bedroom home with two bedrooms and a full bath in the basement that is fully furnished. She would like to rent out one of the basement rooms but does not know where to start. Does anyon...
Keith Johnson
Property manager duties
Besides collecting rents what are the main duties of property managers and what is included into there monthly fees and is there any extra fees that is not covered in the monthly fees
Shino Denton
Newbie in today's market
Hello all!
My husband and I recently moved to the Atlanta metro and are looking to get into the real estate world out here. We are recent college grads with minimal debt and a small/decent savings. We have been savin...
Bobby Thompson
Deals for Active Duty Military Personnel, Veterans, and Brats
Hey BP, I'd like to start off by saying thank you to all of the active duty and retired military investors on BP. I greatly appreciate your service and admire your commitment to ensuring our safety and way of life. I'...
Will Bert
Need some advice/guidance
My younger brother lives in Virgina and rents a home. His credit is not good. So I was going to take money from my savings and home to purchase a home for $150k with 20% down. My plan is for him to pay me rent of $100...