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I have an opportunity to purchase a 20,000 sq ft piece of land for a good price. After reviewing zoning and by-laws and speaking with my planner - a 4 story unit would be feasible here at an 8000 sq ft footprintWe've ...
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View reportHello,Analyzing this triplex in Rocky Mount, NC - 2 bd 1 bath per unit.Rent Report indicates a 2 bd 1 bath apt goes for an average of 785 a month in the area. However, I see it listed each unit at 325 look...
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Going on j.scotts 75% rule (and common sense ) I heard in a podcast I wouldn't dream of replacing a 3 year old roof. However, the house is a high end rehab and the 3 tab looks cheap. House is a ranch style with a walk...
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We are looking for our first 'deal' and have a question about school districts. We have secured a pre-approval for an FHA 203k loan for our first house in the suburbs of Chicago Illinois but we are finding the towns w...
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I haven't posted in this section BP yet. Now seems like a good time!This is the first investment property (Jan 2012) that my wife @Jamie Bounds & I bought in Houston. Without knowing the ridiculously long acrony...
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Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
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Hi all:
I would like to request recommendations for flooring in a SFR I just purchased that I intend to rent out. Looking for durable, low maintenance, but cost effective as well (like everyone else right?).
We'r...
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All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
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Those of us in the housing industry are concerned about the rise of the Ibuyer - companies that buy your house so that you can buy another one without waiting for a traditional buyer and the months it takes to find th...
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What is everyone's opinion on getting HW for Rental properties? I know the obvious pro's to it, but what are the cons? Thanks in advance for the insight!