Edita D.
Analyzing multi-family: how much to allocate for repairs?
Hey guys! I am playing with the numbers to see if Pittsburgh is a market we want to invest in.When analyzing the property, how much do you allocate for repairs/maintenance costs for older buildings in Pittsburgh?Here'...
Chance Cooper
My son is 10...Today he will get introduced to how rentals work.
My son is 10 years old and the president at his school. He is very eager to learn about anything so today I am going to give him a run down on our rental property we currently have and my plan for the next 10 years.I ...
Eric Bilderback
Underwriting an old and I mean old home
Is there a rule of thumb for an old place built in 1900. Right now I am using 8% for Repairs and 8% for Cap Ex. What do you guys think? The place is in good shape considering the age. But I am nervous about the ag...
Helen Zhang
Dallas Tax Deferral for Age 65
Hi BP community, I purchased a house that was previously owned by age 65+ couple who deferred their tax in Dallas county, Texas. It has been for a year since I purchased the property. Now it is interesting that the 65...
Martha Blumel
REO Duplex
Hi all!I’ve been watching an REO duplex for some time now. It has been on the market for 110 days and has gone from $132k to $114k to $99k to $88k in that time. Even though our market is climbing. It was not an origin...
Caleb Holt
Looking to get into Multi-Family
Hey, I'm an 18 year old who wants to get into real estate (Multi-Family specifically), I want to have my own duplex or so by age 19. I'm willing to do whatever it takes and I have a full time job in the I.T. field. I ...
RBH B.
Cost of Home inspection..$350??
I was quoted the cost of $350 for a home inspection in the Houston area of Texas ( Brazoria co.) I was told that since my property was older and more distressed it would take longer and be more time intensive. Is this...
Andrew S.
Anyone start late in life?
Just wondering since next year is the "big" birthday, anyone start out their real estate investment career or on the path to wealth around 50 years old? I could kick myself for not starting sooner and for the past...
Jilina Mercier
New Investor - Monterey, CA
Hi! My name is Jilina, and I am new to the BP community. I have been consuming finance, business, and investing content since I was 17 (I am 21 now), and I am ready to start my real estate hike!I was a marketing mana...
Cody Ford
How do you know when a house is too old?
Im currently looking at a property that has tenants living in them. I thought the posting said 3 unit but my realtor gave me the paper work on it. I looked at the paper work and its a 4 UNIT property. Im waiting to ...