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California to make "Solar "mandatory for new Homes!!!!!!
The first state in the nation to make solar mandatory for new builds starting in 2020 . Pros? Cons?https://www.cnbc.com/2019/02/15/california-solar-p...
Andrew Ramler
Owner finance my down payment- Need Help!
Hello BP! I am new and hope I am posting this in the correct area. I found a 7 unit hip pocket deal. It is in a really great area but needs work. Price is 275k and units will rent for $1000 with some TLC. So the cash ...
Jay Levy
Appraisal Adjustments - only $5k per bedroom???
I'm currently in the process of refinancing a 2 family house which has two 4 bedroom 3 bath units in it. There are a shortage of multifamily comps in my area and the comps that were used are all 2 bedroom 1 bath two ...
Patrick Goswitz
Purchasing Material For Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Riley F.
Appreciation - how to factor it in?
For buy and hold investors out there, how do you guys think about appreciation and how do you factor it in to your buying and selling decisions, if at all? What key factors do you use to measure the potential for appr...
Will Pham
What's Stopping Investors From Undermining the Wholesale Agent?
Hey I'm new to the wholesaling business, and still in the early stages of learning. After a lot of reading and research, I am confident that I understand the parts of the wholesale transaction and marketing strategi...
Connor Cushman
It’s Finally Time to Buy My First Deal
First and foremost, thank you to this community and so many individuals that have willingly paid it forward to help me get to this point.A little personal history.. I discovered BP 3-4 years ago and have been hungry t...
Jordan Archer
What's the market standard for calculating the cap rate?
What is the market standard for determining a property's Cap rate and NOI? Do you get a professional appraiser or is it just as off the cuff as it appears to be on Loopnet?Are their certain expense items you can leave...
Alex Capozzolo
Philadelphia - Sheriff Sale Property - Water Bill Transfer?
Hi BP, Question: Does anyone have experience with back billing of water bills from properties purchased at Sheriff Sale?Current Situation: My partner and I current have a property under contract, cleared to close, bu...
Steven J.
Marketing for phantom house; yay or nay?
So after having been highly intrigued by yesterdays debates about the ethical use of advertising for a phantom house using bandit signs, I was curious as to what people may think regarding other forms of 'fake' adv...