Jess Fields
Move in ready vs renovate
When starting out buying properties, is it a better idea to buy more “move in ready” or to buy cheap and spend the money to renovate? After doing some research there are arguments for both sides.
George Lai
Purchasing a property for $390k with appraisal $400K in East Bay
Hi, I had been searching for house hacking deals for months, and found this one. Although I need to pay extra about $1,200, the most motivation for me is Comp about $510k;because I know I get a good wedge deal.
Now t...
Michelle Planessi
Does anyone have experience heating a converted attic?
I have a 3 story duplex with central heat but the bedrooms on the third floor (which is converted attic space) don't get adequate heat. One guy told me I needed a new furnace, another said I have to use window units....
Quasar Alexander
ARV $265k, Sell Price $190k, Repairs $35k FSBO, HELP
Hello BPI have ran into my first FSBO deal. The owner owns the property outright next to Historic Downtown Marietta GA. At first she said 180k, now she wants 190k bc she grew up in the house (an emotional connection)....
Chris G.
High Energy Bill For Tenants
So the shared living units we manage mainly for students they are 4 bed 4 bath 1200 sqft. We include $200 of utility charges a month. Anything over is split among the tenants. Lately with electric costs rising we’ve ...
John G.
Should I "buy down the rate" by paying mortgage points?
Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....
Adam Craig
Prospective tennant wants to run a day care out of house
My property manager called me about a prospective tenant that passed our application process for income and credit score - Its Grandma, her daughter, and 2 children.Grandma runs a day care out of the house with 5 kids...
Brian Ma
Adding value to a distressed multi-unit
Hey guys/gals,I’m looking for additional ideas for “value add items” for apartment complexes please. (Basically items where one can add value to the complex which are currently not being done at the complex). Here i...
Angel Olivo
A house that has not been lived in for 8 year..
One of those antique houses built in the 20's. I really want to get into this one because it it right across the street from where I'm currently living and I believe I can fix it up real nicely and make a profit from ...
Mary Ainsworth
203k loan in San Diego?
Has anyone tried using a 203k loan in San Diego? I'm looking to buy my first property with 3.5% down and I want to force that appreciation by renovating it and tying that renovation cost into the loan I get. Has anyon...