Kimberly T.
Looking at a fourplex that doesn't include surrounding land...
Hi all, it's been a little while since I've been on here due to various issues, but I'm getting back into looking at prospective deals to buy.There is a fourplex in one of the markets we're interested in buying in, I ...
Bob T.
Does bidding for "everything" include dumpster and porta potty
When request bid from General Contractors my SOW stated bid to include everything from gutting to buy materials and rehab per plan. BP member's suggested the bid to separate for labor and materials. I was surprise...
Wendell Phillips
Should I include an Appraisal Addendum in my offer
I’m a novice investor only having one investment property but ready to purchase a second. Here in NC the use of due diligence is what I feel out of control but I understand the market were in. I’ve located a Condo tha...
Hanbin Y.
Does appraisal comp include the house's own historical price?
Hello, I'm looking to buy my a property for primary home. Since I may relocate in 1-1.5 years, I'm considering an exit strategy as selling it in 1-1.5 years. Therefore, I want to give a lowball offer for more margin. ...
Duncan Milne
HELOC included in Investment basis for ROI and COC?
When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...
LaQuan Bates
Will banks include a Part-Time Job in DTI?
Hello BP Family,
I plan to get a Pre-Approval soon to better understand the price range and types of properties I should be looking at for my first House Hack. I recently moved to the DMV from the Midwest(Go Bears!)...
Jamie Brayton
Things you wish you had included in first lease?
We are closing on our first property Friday and have plans to rehab and rent it ASAP. We have drafted (and re-drafted and re-drafted) our first lease using the NOLO landlord book and other resources. Is there anything...
Jason Turo
Market analysis variables to include in a business plan
I am moving into a new market and want to educate myself on the quantitative variables to include in the business plan (if these are possible to determine: # total rental units, # of vacant units, number of homes, # o...
Jesse Petrillo
Home Inspection Dilemma - 24 Hours to Decide (pics included)
Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...
Jeremy Michiels
All bills paid - include in rent or charge separately
New to investing and am assessing a 4-plex. It currently cash flows well, but includes all utilities in the existing leases. As I seek more revenue opportunities, I'm curious if it is better to leave as is or migrate ...