Devin James
Underground Plumbing Dug too Low Results in Thousands in Extra Costs
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the sep...
Troy Brown
Need some advice, Negative cash flow EVER a good idea?
Evening all,
Im at what i think is a huge decision point and need a little help. Just some quick background... Im a Young military invest with three properties under my belt and a strong appetite for risk.
...
Ethen Armstrong
New To Investing - Looking for Advice
Ok, so I started listening to BiggerPockets totally on accident while driving to work one day around December 2019. Got hooked and since then I have listened to about 200 of the podcasts, I have a property under contr...
Alberto M.
Cap Rate Compression
I’m sure everybody here knows what a cap rate is, if you don’t, a cap rate is basically a measure to understand your rate of return based on NOI (net operating income) the property is intended to generate. In general ...
Mike Sangapore
Good time to Cash Out Refinance?
Hey Guys,I have a duplex with 100% equity that's probably worth around $325k and is rented for a gross total of $2,450/mo. I'm looking to buy a rental to rent as an Airbnb. I'm wondering if it would be a good idea to ...
Pavan Gupta
Considering Prefab Category 2 Detached ADU options in Oakland, CA
Hi!, I'm busy investigating prefab options for a 1000 sqft, ideally 3br pre-fab option to throw behind my home in Oakland, CA. The lot in question has a very large and empty backyard, so it'll be easy to carve out 100...
Daniel Levine
Deal Analysis Help
Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...
John Johnson
Multifamily Operating Costs
I am starting to budget out and model some potential projects for MF developments. Is there a rule of thumb for operating expenses for MF in the los angeles area? My old AM firm always looked at 30% of EGI - after vac...
Jason Foy
Writing Offers on MLS listings
Hello,
I have been working on getting some properties under contract, I have now met with a few sellers and heard no a few times. I am using a website to see MLS listings, and have noticed a few duplexes in the area...
Michael C.
Duplex Deal Analysis
I'm looking at an REO Duplex (3/2 & 2/1) that a realtor sent me. One highlight that turns me on is that I can use Conventional. Property looks pretty good inside. Below are the stats:
Asking Price: 70 k
Dwn...