John D.
Just got a rehab quote...what do you think?
Good evening BPC,I need some work done to my duplex and was provided with the below quote. I've already reached out to the contractor for some specifics on what will be used for some of the items and am waiting on a ...
Teddy Schmitt
How do I enter into the contract flipping/wholesale industry?
Hello!I am interested in getting started in flipping contracts on rundown houses in the St. Louis, MO area and I’m looking for any help I can get! My basic understanding is to find deals on houses and find a cash buye...
Brandon Sturgill
How Can We Compete with Large Multifamily Holding Companies that Offer Ridiculous Amenities
So, one of my recent quandaries is: How in the hell can I compete with larger RE holding companies offering units in the same geographical area with huge amenities? It seems that as the renter population grows (as it ...
THU NGUYEN
Would you buy for equity but no CF? Please advise!
Hi BP,I am analyzing a deal that I am interested in, almost turn key, ARV: $150; asking price: $115K, closing cost: $2K, repair cost $7K. All in cash for $124K. Assume I can refinance and get back $112.5K (75% of $1...
Kyle Mitchell
Short Term Rentals Strategy
Hi everyone,I am just beginning to look into the short term rental market and looking into Arizona. I know it's dependent on multiple factors but what are the cash flows from short term rentals? I am thinking of pur...
Charles Heard
1st time deal with possible new construction in Washington
Good evening all. My brother has come across an opportunity for us on a potential opportunity that would involve a rehab and new construction. This would be our first deal and I wanted to get some feedback before we s...
Ben Franco, Jr.
Should I refinance out of FHA to get rid of PMI?
So I am at a crossroads right now and would like some feedback. Currently, my FHA rate is 3.375% with a MI (mortgage insurance) of $305/monthly. I owe $264k and I purchased the property for $296k in 2013. My loan off...
Stanley Spencer Alcorn
Anyone see the Bay Area Prices going any lower in the near future??
Was wondering if home prices in the bay area will get lower in the future or is it best to relocate to another area?
Keith Gilbert
Moving - do we rent or sell and invest outside CA
We are moving from Long Beach, CA to Chandler, AZ. We are trying to decide what to do with our current house. I asked a friend and he posed an interesting question. Imagine you had $350k (which is the cash our equi...
Scott Ficek
Do you own property in other states?
Call me old fashion, but I need to be able to drive by my properties occasionally as well as have the ability to pound on the door for my rent when it is late.
I have had 2 customer calls this week from people out of...