Douglas Larson
Tiny House - Mini-Cabin
There are only a few threads on Tiny houses here on BP like this one. There seems to be huge interest in small dwellings, minimalist living, and just creating small "retreats" in one's own backyard. Houzz.com and Pint...
Rogers Smith
Spec House Picture Diary
On one of my recent specs I thought it would be fun to document the project with pics. So I will share here the pictures and documents for anyone who may be considering specs, or is simply interested in following the ...
Stephen Adams
Non-refundable deposit to VIEW property?
I just spoke to a person claiming to be a wholesaler about a property that he's offering. He wanted a $1000 deposit to view the property. Half was non-refundable. He said this was to avoid bothering tenants with peopl...
Jacob Phillips
Evaluating cash flow
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
Matthew Ries
What would you offer?
Looking at a Quadplex in a nearby city. Just curious how much you would offer, and at what point you would no longer consider buying.Background4 plex - located in a C+ area. Half a block off the frontage road to a v...
Sean F.
Please review my 4 plex analysis
Hello BP'ers,
I've located a multi-family property not too far from me that i'm interested in. My plan is to purchase FHA and occupy one of the units. This will be my first real estate purchase. My intent is to hold ...
Robert Chen
Bought a 4 unit but tax record shows 5 units, what to do?
Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as...
Tom Bjork
Banks always seem to get it wrong
Over the past 4 years, banks were lending non-stop to anyone breathing using no doc loans at high ltvs. Now market prices have fallen, ltvs are more stringent, and now banks are hesitant to lend. Go figure a bank's me...
Sarah Present
Purchase of multiple buildings - Cabins, cottages best strategy
I missed out on a few opportunities and I am looking to refine my strategy for future, as the specifics don't align perfectly for this scenario very often. We look for multiple (think cabins cottages) properties to r...
Robin L.
1% Rule in Canada - is it possible?
Hello Everyone,
Hope all is well with you.
Over the past year I have been reading books, watching real estate investment videos, and the 1% rule seems like a common target a lots of investors looking for. It is basi...