Matt Hendrickson
Understanding the finances behind rehabbing a home to buy and hold
I have put in an offer on a house that we are planning to flip. I'm a little concerned about the finances behind this flip. Can someone please tell me if I'm understanding the financing correctly.We are going to go w...
Bily Elliott
How to evaluate this duplex?
There is a duplex that has been empty and on the market for almost a year now. Bank owned, two story, built in the 30s, each unit 2 bed, 1 bath about 700 sq ft per unit. There is also a utility room on the lower ...
George Hoover
Having Trouble with the 3rd R in the BRRRR Strategy? Me too
So I bought a 3/1 SFH in Sheffield Lake, OH (west of CLE) with a private hard-money secured loan titled in my LLC. The private lender is using money from his self-directed IRA. The terms of the loan are 12% and P&am...
Derek Caffe
Estimating Rehab Costs on Small Multifamily Properties 2-4 units
Hello BP Members,Can anyone explain how the rehab costs differ for small multifamily properties versus single family homes (SFH)? I purchased the BP Book on Estimating Rehab Cost, but considering it's focused on SFH, ...
Account Closed
Fresno monthly utilities costs for SFH
Why is Fresno so coy about the monthly charges for utilities? It's funny - the FAQ on the city website under "what are the fees for utilities" is answered with a non-answer with some vague mention that fees are calcu...
Jack Sloan
Chicago Lakeview condo deal
I am looking at condos in Lakeview. If I can purchase a 1-bedroom for $250K and rent it furnished for more than $3K/mo seems like a reasonable deal to me, even with a typical HOA. Thoughts?
Joe Knurek
Seller/Owner Financing Questions
Hoping someone knowledgeable on seller financing can help clarify, I'm mainly interested in utilizing seller financing to negotiate low down payments, my questions are:
Is it typical to get a 30 year fully amortizing...
Dana Boyd
Who Pays Utilities in Fresno?
Hello all! Wondering if anyone knows about the rental market in Fresno. What is typical for landlord/tenant to pay in terms of utilities? Ie. does the tenant typically pay HVAC, but the landlord typically pays trash? ...
Jason O.
Renting to Students
I'm looking to rent out a house in the East Campus area. Anyone have experience renting to students here? Any advice about how to time it seasonally? Also, whole house or by the room? Thanks!
Donald Vargo
Cuyahoga County Sheriffs sale default
Does anyone know what typically happens if you default (do not follow through) with a purchase of a property you had the winning bid on in Cuyahoga County Ohio?