Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...
Hey Guys, I have seen some people using a document that is about three to five pages long that lists every potential expense for a potential investment property. The one I most recently saw would automatically perform...
Hi,What are your thoughts on renting a property to Home Care Patients who needs care. I know you have to modify the properties to ADA etc etc. Anybody had any luck with it and what is the rent expected and p&l, pr...
Hey BP. So I went against my instincts and put an offer at listing price at $199k based on realtor recommendation. The property is in a great location and has potential for forced appreciation. I received a counteroff...
Purchased the house with cash (3bd/2bth). The renovation cost was half personal money other half HELOC from other rental. The carry over cost with utilities and HELOC interest payments is about 1k a month. I still hav...
Hey folks,I believe this will be my first post on BP. If you care to do so, I'd like you all to analyze a deal I am negotiating currently, because I'm on the fence about it. This is a triplex in relatively good shape....
If you’re house hacking in say a duplex and the mortgage is $1,0000 but the rent collected for one side is $800. Does it still meet the one percent rule because if you moved out and rented your side it’d be $1,600 in ...
Hi Guys,
Stumbled on this forum via google and have spent a few days on it - seems like there are some really interesting posts here and lots of info to sift through. Wanted to run a potential scenario by you all an...
I am looking to purchase a residential or commercial multi family in the Sherman/Dennison TX area. I am also open to partnering on a transaction. Can anyone suggest and agent or property manager that can help me with...
6 months into real estate investment I have used this criteria to determine if the deal was worth doing. Now that our marketing is working better and the deals we have been looking at recently have ARVs in the $400-$...