Franklin Marquette
ADU Valuation | LA County
When building ADUs, do they generally create value uplift for the property in the same way that the main house is valued?That is, if the median $/sq ft for an area is, say, $450. Would any new ADU sq ft add $450 / sq ...
Kristel Lim
About to reroof my investment property
Hey investor friends! I haven't done any reroof on houses before and I am about to get my roof completely tear off and replaced. It is a big purchase and was wondering if anyone could give me advice on what to ask the...
Allison Hodges
Student Housing - condo unit
I am new to investing and have just one rental property -a condo unit- near a college campus. This complex is mainly leased by international students. I'm looking to do some upgrades which won't increase rent but wi...
Marlon Freeman
Replacement Reserve Funds
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
Marcus Auerbach
Commercial inspection advice, phase one ESA and appraisals
I am representing a client in the purchase of a commercial building downtown. About 8000 sf between first and second floor, plus basement, concrete structure with brick walls with a flat roof. Two elevator shafts, equ...
Jeff Stansberry
2 Duplexes on 1 lot - How to calculate CapEx and Maint
Hi,I'm analyzing a property in Cleveland and I'd like some advice on how to accurately calculate my expenses so I can submit the appropriate offer. It's 4 units because 2 duplexes on one lot and bring in a total of 25...
Jose N.
High maintenance costs.
What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...
Tom Lipps
Walmart Paint in Rental? Color Place Country White
Hi BP,I just bought my first rental property (Duplex in a C+ area). $82k purchase price.I'm going to be painting this Saturday and found Brandon's article about using Walmart's cheap paint; Color Place Country White. ...
Michael S.
Deal Analysis: Manufactured Home in North Carolina (NC)
Hi all, this will be my 4th deal in 1 year and it is the first time I have posted. This will be my first manufactured home and I want to ensure I am not paying too much. My strategy is buy and hold. This will b...
Brandon Duensing
Home Purchase Checklist
So I am finally venturing into home rehab and re-sell this year, besides the obvious financial analysis (ROI, ARV, rehab costs etc.) what are a good list of "unexpected" issues to be aware of to improve my due diligen...