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Hello! When you are analyzing deals, how best can you estimate what the rehab costs would be for the property, especially if you are not local to the area and are judging mainly based off of the pictures?
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I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
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Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...
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Hey BP,I wanted to learn more about the marketing and searching of off market deals. My thought is to print a bunch of those door hangers and go through my desired neighborhood and door knock with a clipboard.Has anyo...
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I purchased a duplex across the street from my parents because the tenants (no lease/subletters) are nasty/high/rude to my parents and all neighbors on the street. Listed tenants moved out. I worked with the previous...
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In a bit of a complicated situation..
When I bought the place it was sold as-is. Since the current tenant in place is a realtor, she was aware of what that entails. Upon signing a 3 month lease they mentioned the was...
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Hi AllTenants lost power throughout the house. Electrician was called to investigate the problem. He said there was a power surge and got the lights working. The furnace quit working. My furnace guy said that the fur...
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So I'm in the learning phase of REI and want to start taking some action. I know I want to have buy and hold multi-unit properties but been a little confused what I should start with since I haven't had any experience...
I'm working on a Sub2 deal and have been reading tons of posts here on BP. I know I need a POA but would like an actual example of the specific language some of you use to address the immediate and longer term issues...
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All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...