I am having a hard time figuring out what an “ideal” rental property looks like. Does it need to cash flow a certain amount? Do I measure it by the cap rate? Cash on cash? A certain amount of equity in property? Would...
I heard that it is better "dollar-for-dollar" value to buy older houses when looking to House Hack. I don't get this. The phrase "dollar for dollar" is a little confusing, and I don't know why one would prefer an olde...
Hello, I'm moving to Minneapolis in mid-October and would love to purchase a home as soon as possible to house hack. However for now, I'm interested in possibly connecting with investors or real estate professionals f...
I recently acquired two duplexes and will be doing a live in reno on one of the units. It's a total gut job and I'm trying to plan everything out. One thing I personally dislike is that the master closet, which is you...
Hello fellow real estae people,I have just purchased my first row house in 21223 ( 1,100 sqf) for $7k. It has 2 beds/1bath and unfinished basement. It is walkable to the stadium and new casino .9 miles. We all know th...
Hi BP folks. I am remodeling a unit - adding a bathroom, laundry unit, and updating kitchen. My PM suggested an architect, rather than a home designer or draftsman to draw the plans. He referred a couple options but h...
I rather move forward instead of waiting until I have the "Perfect Team" in place. What's an ideal team and what components' should I consider to have in place before I start searching for deals' to move forward with ...
Fannie Mae house set to close tomorrow and the final walk through discovered all copper pipes have been removed. I want the house, but what do I do. I'm at a lost.....All utilities was on and functional during the app...
An elderly lady, Jane, owns 4 off market and an empty lot by one of my rentals. Jane wants to sell to me and escape of the headache of land-lording . She is too old to deal with tenants, maintenance, and she wants to...
Has anybody been a part of this type of conversion? I have a very interesting opportunity so Im trying to learn all I can as fast as I can.
Here is a link to the property:
http://www.aspengrouprealestate.com/listings...