Joseph Berlin
Appliance Purchase - DirectBuy
HelloMy wife I will be equipping two new rental properties (our first two) with a fridge, dishwasher, oven, washer and dryer in June/July of this year.I read that a DirectBuy membership ($800) is a great way to get na...
Account Closed
is gut rehabbing a good estimate?
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
Aron Teran
Am I Missing Something?
I've started doing some research on how to best finance my first investment property (buy and hold). Met with a local bank, they offer 80% loan plus rehab costs in a 5/1 ARM at 4.5%. I will be looking for a home in th...
Sagar Mata
Average cost for property management
Hello,I'm starting to look into renting my SFR and not sure yet if I want to self-manage or not. If I choose to go with a property management company, what should I expect in terms of cost in Oakland?Thank you in adva...
Ryan Daulton
Tenant property destruction
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
BJ Henderson
Lease Option Agreement: Is This A Good Deal?
I have just structured a lease option deal with a distressed seller on a property.The seller has had trouble selling over the course of 6+ months due to the home needing renovations.The property is currently livable a...
Kareem Lyons
Is FHA Offer's Real That Bad ?
Hi I've been working for a buyer for 3 months. Over the course of that time I have submitted at least 4 offers. All offer have been denied because she can only do FHA. Now I know the issues that can show up with FHA l...
Kim Reddick
Water Leaks and Mold
My husband and I are evaluating a package deal on some duplexes. All of them need varying degrees of work but we have some concerns about one building in particular. One side is vacant and nearly entirely gutted (and ...
Michael Derziotis
Hello from Indiana
Hello just found this site. Getting ready to start investing in real estate. My background consits of extensive contruction knowledge and real estate appraisal. Looking forward to all the advice and knowledge I can ga...
Jose Guevarra
Memphis Seller Finance
I have a potential seller finance deal in Memphis, TN zipcode 38128. The home has already been rehabbed and rent ready. I'm assuming 7% of rent as property management fee. That seem reasonable?ARV: $68,000Purchase P...