Okay, I'm not being narcissistic. I'm just curious. On the forum stats on the dashboard, there is a chart that shows posts, votes, and profile views. The latter is always zero. While I have no way of knowing if th...
Hello BPers!I purchased a property from Fannie Mae via FHA financing in April near Chicago. The property is in unincorporated Cook County. After purchasing the property, I received a violation in the mail from Buildin...
Hi Nashville folks-Anyone have a positive experience with a commercial builder or contractor in Nashville to share? This will be our first commercial building experience. We are working with a friend/ architect on t...
Hi everyone, we are in need of advice on a lean. So my mother is buying a condo for my grandma and it is perfect. We need to get my grandma into this area because of her age. we found a place and the offer is already ...
Hi there! I'm in the process of making my first real estate investment and came across a property that is of high-flood risk.
This is not uncommon for my location - about 14% of all properties in my city have a 26% o...
There is a 4 unit building I am interested in. Each unit is 2 beds 1.5 bath townhouse style. The building was built in 1997 and is all brick. It appears to be in good condition. It is a foreclosure and has been on the...
My coworker has a SFH that is negative cash flowing but that has appreciated to give her about 90k in equity. She married recently and her husband already had a home that is more valuable than her rental property. Can...
When I am evaulating a potental investment, I put it through a series of "stress tests" (to borrow a banking term) to see if it will perform.
What worst-case sceanrios do you look at?
I look at:
-Long Term Vacancy...
We are working to setup our first couple lease option properties and see how we like this strategy - on paper, it looks much better than traditional rental properties/tenants. Anyhow, for those experienced in lease o...
Hi there. We use Ring Doorbells and Cameras for our STR in Vermont. We're in a rural part of the state with heavy winds, snow and rain much of the year. As such, power outages and down cable lines are commonplace.We r...