Clancy Catelli
How to determine scope of remodel
Hey BP,Iv got a house i close on tommorow! Its a 3 bed 2 bath 1200 Sf on Half Acre in washington state. I Paid $135k for it but it needs quite a bit of work. Im debating if i should do a full remodel, or just keep it ...
Stacy C.
advice needed RE: Heloc with too low of appraisal
Hello, new investor looking to get into properties asap. Have enough cash for my first one, so a line of credit is not critical to me moving forward. However I was really dead set on using a HELOC just so that I do no...
David A Perez
How to properly staff an apartment complex?
I am just starting my venture into real estate and I am currently thinking about where I want my plan to lead me to.I want to start with triplexes and fourplexes, but eventually I want to start buying 40+ unit propert...
Nathan P Tanner
Help me undertand the profits with the BRRRR method
Please let me know if I’m seeing clearly Here? (This is for the Bay Area in California)-Home is 330,000$ (paying cash)-Closing cost : Buyer and seller agent fee, Property, title, escrow, misc @7.5 % =24,750$ -rehab co...
Shanna Barnes
Waiting to refinance in 6 months
Momentum is so critical for reaching goals. My other half and I have done a house hack with a duplex in Minneapolis, MN (December 2019) and are finishing up on a single family BRRR in Saint Paul, MN next week. We alre...
Jack Smith
Expanding a legal non-conforming unit in Chicago
I run into this problem often in Chicago. A three flat building also has a full unfinished basement or a bit of attic space as well. I would like to duplex down the first floor unit into the basement, or duplex th...
Sean Malone
Remotely Managing a 15-Unit in Tucson
Hello! First post on here ... I'd like to ask for your advice. I live in the Seattle area. I have a 15-unit in Tucson under contract, and need to make a call on this in the next few days. The property has lower-income...
John Prassas
rentlinx going away
Hello I was recently informed rentlinx is going away. Just curious if anyone here is using another syndication service? I would prefer something that is syndication of rental listings only vs property management soft...
Ricky Teachey
Advice for a business plan involving renting large portions of primary residence
Hi all, brand new to the forum and to BP. Heard about it a long time ago but got more interested from @Scott Trench's recent appearance on the Money Guy podcast. I have no previous rental business experience, although...
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...