Max Rieves
Great Property but major inspection issues
Hi All, I am currently located in the Atlanta area. I have been looking for my first deal for months and finally found one that seemed great. The house had been flipped, was on a quiet street, had a huge yard with a f...
David Ribardo
New member from DeRidder, Louisiana
Hello BP! I am a new investor, currently living in west central Louisiana. I discovered BP through my neighbors and have been quietly lurking over the past several months, reading articles and listening to podcasts. I...
Michael K.
New acquisition horror stories
Curious to know if other investors have had experiences where they acquired a property and realized a huge expense that they otherwise did not expect or uncover during due diligence? Or if they knew about the problem,...
Kathryn Sukkestad
Powder Post Beetle Infestation Problem
We have put in an offer on our our first property and have been advised of an infestation of powder post beetles, after we made the offer. It will be treated tomorrow; however I do not know the extent of the damage or...
Brandon Clark
When and how should I pay holding costs?
Hey BP,I'm looking at a rehab analysis worksheet that was created by @J Scott. As I scroll down I see the "Holding Costs" section.HOLDING COSTS:Mortgage Payments ($900.00)Property Taxes ($600.00)Insurance ...
Shivam Patel
Need a Strategy to go from my first deal (bad deal).
I just bought my first house hacking SFH in Boonton, NJ. I plan on staying here until I finish my masters and then 1031 exchange into quadplex. The reason why I don't want to hold this property the house was built fro...
Alexandre Marques dos Santos
Anyone used Auction.com?
I am new to BP. Would like inputs about the site auction.com. I checked few properties but seems you are bidding blank and could get into problems. Any tips? Title? Conditions of the house? How to proceed?Anythin...
Max Rieves
Crawlspace needs better ventilation?
Hello All, I purchased a rental 2 months ago and the inspector noted that I needed to improve the ventilation in the crawl space. He noted there were slight indications of mold growth. I have now received 2 quotes fro...
Trevor K.
Sagging floors
I am looking at a 4 unit brick building. The floors in the center of the unit are sagging, the door jambs are out of square, and there are cracks in the Sheetrock as well. The dip is across the width of the build...
Cale Delaney
Increasing your NOI with Creative Strategies
Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...