Josh Williams
Asking for help with Strategy.
We currently own our first home, purchased at 108k and paid down to 101k after 4 years. It has appraised close to 150k. I am currently using a VA loan and have disability exempting from funding fees. I am constantly b...
Brandon Sturgill
10-Unit Multifamily Acquisition
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $260,000
Cash invested: $56,000
This is our latest acquisition of a C-class, 10-unit, 7,000+sq. ft. mu...
Aaron Peterson
Replacing Appliances in Single Fam Rental
When a tenant reports a stove that has stopped working, is it best to send a repair person or replace? If replacing, do you buy brand new and let the store deliver for you? I’m trying to get away from buying used a...
Taylor Cole
Putting More Equity Into A Single Property vs Diversifying
Hello, All! This is my first time posting on BP, and I am a very new investor. For the sake of this question, let's use a $200,000 home(s) for my below example:If all other factors are neutral, say one had $120,000 wo...
Farrah Ahmed
NYC - higher maint/cheaper apt or cheaper maint/ more exp apt?
Curious what people think. I'm looking at 2 different apartments in Manhatan. Both are good and I would be happy living there in terms of location/building/ apt/ etc. One is about 30% more expensive than the other, bu...
Richard Parseghian
Required Minimum Credit Score for Rental Applicants
Hi Everyone,I currently have a 3 bedroom unit on a side by side duplex for rent in Raritan, NJ in Somerset County (B class neighborhood). One of my required criteria for applicants are that their credit scores are at ...
Misti Barnes
Need advice about a new construction investment
Hi,
Looking for advice. I started late, and my fiancé and I moved to Sarasota, Florida last June. Couldn’t afford to buy in California and we were just living to work and get by
We both own our own businesses, we...
Account Closed
Design help needed, 100+ year old "Edwardian" in SF
You guys were a big help advising me to go with quartz vs. granite on our last flip (BIG thanks for that!) so here's the next "issue" in front of us:We just closed on a very old house and inside there is gobs of origi...
Luis Balcazar
Offer accepted on duplex, question about PM fees.
Hi all,
First time buyer RE investor here. I've just got an offer accepted on a duplex in Fort Wayne, IN; and trying to find recommendations for Property Management companies and the fees they normally charge. Any in...
James Hunt
Help with understanding Cap Rate,Cash Flow etc
Hello BP,
I'm looking for some clarity regarding my numbers on a rental I have:
House was purchased for 30k
Monthly gross rent from section 8 is $750
Mortgage is $365