Carlos Oliva
Hold or Sell/1031 Multi-Unit
I have a duplex in Ohio where the tenants pay $1500/mo; I pay mortgage & utilities, about $800/mo. So, cashflow is about $700/mo. HOWEVER, there are always issues. Tenants are always a few weeks late paying. There...
Jordan Becker
What level of rehab work requires permits?
Hi folks, what level of rehab work requires that you pull permits, or at least makes it strongly advisable to do so? I am thinking that some work may be too minor to bother with the permit process, especially since ...
Arnie Guida
New Roof, Expense Or Depreciation?
I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
Andrew Whicker
Potential Duplex
Hi,I have a duplex in contract that looks pretty good. Here's my dilemma:When analyzing your CoC, do most investors include roof and windows in their cost? I see these items as big dollar repair items that happen on...
Tim Puffer
Deal or No Deal???
Wanted to find out what everyone thought of this deal - $138,000 purchase. Seller pays all closing costs. FHA 3.5% down. Duplex - 3/1.5. $ year old furnace each side. Newer appliances. Will need about $20K in work. Th...
Herlando Y.
First House
Hello BP,I am in central jersey and trying to acquire my first property. Property is built 1970's. It is very clean inside and the electrical and plumbing all seems to work. No mold in sight and structurally sound. T...
Keith Everette Smith
Help Me Estimate a Renovation
Hi all. I'm about to do a rehab on a 1,000 sqft 2 bed 1 bath single-family home in Spartanburg, SC. We'll be taking it down to the studs and not moving any walls. I am trying to get an idea of what I'll spend to he...
Brad Peralta
Rehab estimate when analyzing BRRRR deals
When analyzing out of state deals on MLS or Zillow, how do you estimate your rehab cost? Is it based off the photos or virtual tour available online? What if little to no photos? According to some BP posts/webinars...
Raj Malhotra
Permits Dilemma. Please help
I am new in the investment world and i want to ask some straight up
questions about Permits as i am getting all sort of answers from
Contractors, Handymen and also people who have flipped houses before.Do
i need...
Quentin Mitchell
What do you look for?
When you are looking at rental properties what some of the things you look for in the home. ( I am only talking about the property itself and not the location)Structure? Hardwood floors underneath?Landscaping?Bedroom ...