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Board seems to have slowed down for the nite. I think I'll shut down. I have probably a 3-4 hour final walkthrough of a 154 unit buillding that I close on friday. You don't realize how exhausting that can be, unless ...
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Hi All,
We are co-hosting an MTR that's a 3rd floor attic apartment. The place is really nice, but several important components were placed under sloping areas of the roof. It's not obvious from the pictures, so I wa...
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I have learned a lot through these forums and people have spent a great deal of time helping me learn the processes with little in it for themselves. This is my chance to give back to the beginners (I still am, too!)...
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I'm looking for advice on how to approach a tenant on a non-renewal of the lease. I'd like to begin with an inspection of the property prior to giving them notice in order to document the condition of the unit and do ...
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Hello BP,
Our tenant in Lincoln, NE of just over 1 year has informed us that he will be sentenced to jail next week. We asked, what for and are you doing okay? He explained he wasn't ready to give us details but se...
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Rehab Costs. How did you guys learn to estimate Rehab Costs to quickly give offers to your sellers? Anyone in the Tucson/Phoenix area willing to have me shadow and see first hand how to determine your than costs. Or d...
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Well, we just closed on a 4plex. We did everything we were supposed to. We used the calculator. We calculated for CapEx and even put aside 12K for each door for emergencies.We hired a home inspector.Thank goodness we'...
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We looked at a property yesterday and the realtor was very cagey; no information, no sellers disclosure, no idea about whether it was sewer or septic. He said he told the seller “the less I know the better”. Very odd....
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So I'll try to be brief on this, I'm going to tackle my first flip within the next 2-3 months and just trying to figure out my game plan in my head before attempting. I've read all J. Scott's books and plan to re-read...
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After reading: http://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ and http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/ abou...