General question regarding running numbers for viable BRRRR opportunities in LA.We are all told that the max allowable offer should not exceed 70% of the ARV less the construction costs. I would like to know if LA inv...
My property doesn’t fit in typical calculators. Details:1) Mortgage balance remaining ($144K: $104,000 interest bearing, $40k non-interest bearing balloon payment due in 30 years. Interest 5.125% fixed rate. 2) Apprai...
So after looking for a while, we are under contract for an investment property in the Birmingham, AL area. I got an inspection done which came out, IMO, with no major issues but several smaller things like caulking, m...
Hi bp, Question for you. I'm looking at a multifamily zoned property that currently only has a single family property on it. It is zoned for up to 10 units, but only has 2 septic tanks on property. How would I know if...
I bought a house and inherited a tenant. They moved there in 2004 and they moved out. The carpets are shot and need to be replaced. I obviously have no idea what the condition of the carpets were when they moved in. ...
Trying to learn more directly from other investors if this would be something you would find valuable, worthy and be interested in? Please share your thoughts and feedback.
This would initially only apply to investor...
HI BP community,I'm looking to Invest in SFH for buy and hold in the Milwaukee, WI Market. From what i see and hear, the city is full of "pockets".Which areas would you guys recommend to start looking at if my starteg...
How do property managers prioritize their workload? For example, if they had 2 clients with 1 building each and got a maintenance call from tenants from both buildings at the same time, whose do they address first? Th...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $190,000
For years, I managed a single-family home for a client, only to discover that thei...
Working with a client I came across a lender, Dyke-O'Neal, based out of Texas who seems to be buying old second loans from companies that went out of business during the 08/09 crash, but buying them during 2021-2023, ...