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Investment Info:
Single-family residence fix & flip investment in Longview.
Purchase price: $35,000
Cash invested: $38,000
Sale price: $93,500
First Flip 2021. I added many needed tools to...
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I am selling an out of area property. It's currently listed. Apparently the current tenant who is in the unit has not cared well for the property or their dog. The unit smells strong of dog urine. We have our first sh...
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Ok. Finally took the first leap on REI, been reading and searching and paying attention to everything under the sun. Afraid to be the guy that regrets never making the move later in life. Found a Mentor, local frie...
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So I just got a rental property under contract out of state in Alabama and the floors are 3 3/4 width x 9/16 bamboo. It's a B- class neighborhood.
Apparently there is some dog pee odor and some bad scratches in 2 of ...
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Hello BP Family
I'm currently evaluating a deal where the property needs structural repairs.
People always advise against getting involved with structural work but I think I can gross about 2k a month in rental in...
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Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...
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Hi All, This is my first post. My best friend who is a avid BP member suggested to reach out here for help. So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak ...
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Hi everyone, My company is looking to expand into the value-add apartment building market from ground-up development. I am trying to understand what condition class b/c are in regarding their mechanical systems. What ...
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How do you figure out what percentage for the CapEX block within the Rental Property formula? For instance if I know the property will need a new roof in 2 years...if gross income is $2000, would I put 20% in the CapE...
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I live in Baltimore and I’m renovating my basement and will be boxing in the gas/water lines. The inspector came to look at the plumbing work and even though I’m not doing anything w gas lines he apparently told my co...