Account Closed
2.3% Rule; and BRRRR 17 yrs smoke damage
I set a goal about 6 months ago that I would make my first purchase in Q1 '17, and I'm well on my way. I found a property where the owner is looking to get out of rentals. He's owned the property since ~1970, but look...
Daniel Howard
Flipping a House in Utah
I have found a couple of REO houses that seem like they could be good candidates for a flip, and I'm interested in visiting the properties to get a more accurate idea of the repair costs that will need to go into thes...
Nicolas Redhead
Good way to estimate repairs?
Hello,How do you get rough estimates on repairs of a property? I know there are light, medium, and heavy figures that you can multiply by the square footage to get a ball park number. Just curious to see how others ge...
Plato Panagos
Estimating interror size based on Building size?
I'm curious if anyone can comment on my way of estimating apartment interior sq/ft based on building size. Since Listing agents almost never give sq/ft for apartments buildings what I've been doing to get a rough ide...
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
Hey everyone,
I'm evaluating a multi-family deal and could really use your insight. The seller is offering seller financing at 2% interest with a 9-year balloon. On the surface, the deal seems appealing, but there's ...
Dustin Graham
Sacramento Contractor Recommendations?
Howdy,Does anyone have any contractors they would recommend in Sacramento, CA?Looking at a handful of small and medium projects by my estimate around 5-10k, property under contract, so also looking for an estimate of ...
Erin Bryant
Looking for a contractor in Jacksonville, FL
I just locked up a property in Jacksonville, FL and will be going to see it this coming weekend (April 24th) and need a contractor to give me a good estimate. Anyone have a good referral for a contractor in Jacksonvil...
Marlon Jackson
Determining ARV using Propstream
How accurate is Propstream when it comes to running comps and determining ARV?
Jonathan Taylor
Four plex adventure! Purchasing story in LA
Hi BP folks,Since I've gained so much from the purchase and rehab stories here I thought its my time. Here are the details of my project. This will be a Buy Rehab rent, I will NOT refi. Details below. My goal for this...
E O
Financing options advice
I'm looking for some advice on financing for a rental property I am preparing to make an offer on.
Property details:
3/1 foreclosure listed @ $49,000
My offer = $55,000
Estimated repairs < $3,000
Estimated rent =...