Blake Hrabal
Money for rehab included in loan?
If I want to buy a home that is let's say 180k but I know the home will need work done...do you get a loan for higher than the amount of the house or is all rehabbing out of pocket?
Jaime Frausto
Lease option
Hello I have a potential customer that has been approved for a Short sale on his current home. (he is upside down big time- owes $220K worth $105 ) and has $15K to put down on a house. I am looking into purchasing a...
Kevin Harrison
building a neighborhood up? and interesting hypothetical.
So this post a purely hypothetical but what is everyone's thoughts about building a block or small neighborhood, not new construction, but somewhere like Baltimore where homes can be bought for as little as 5-10K? If...
Isaak Kalinkin
How to properly setup an owner financing situation.
Hi everybody from bigger pockets.I am looking to buy my first piece of property. I have my eye on a specific deal. It is a plot of land that is on the market for “cash only” .The reason why the property is not able to...
Paul Kuhn
How to split/control heating cost on old triplex boiler
I am in the process of buying a double brick triplex built in early 1900's (southern Virginia/historic district), 1650 square feet 2 bed/1 bath units stacked on top of each other. The whole house is heated by a boiler...
Brian Stratton
New Turnkey investor - would appreciate advice
Hi, I'm a new investor from Connecticut looking at buying turnkey property in Memphis, TN. I have a few specific questions and would greatly appreciate some advice. 1) Legal - I want to set up an LLC before investing...
Michael McCoy
Replace HVAC or wait?
Recently closed on our first REI. Plan is to hold and rent it out for a while. The place was built in 95 and still has the original HVAC which is an R-22 unit. The outside unit looks bad but we had a professional c...
Mark Yost
Property Management - Best Practices
I run 32 doors myself in the North Ridgeville & Elyria Ohio Areas. I have multiple decades of experience but I feel like I should be more efficient. Is there some type of training regarded as the "Gold Standard" f...
Diane G.
Furnace questions please
Furnace experts - please help...I am looking for replace furnace for a rental unit soon... It is for a 2/2 condo that is currently renting $4500 a month...1. what brand is good2. How much BTU is good3. what is the cos...
Carol Klein
How reliable are managing agents?
I am inheriting some high end real estate with two rental units. I don't want to sell as it keeps going up in value. I'm an older gal and can't deal with two tenants myself. In the process of evicting a tenant now. I ...