Kwadwo Banahene
Home Inspection for first investment property
Good morning everyone, I hope you are all well and ready for the holiday season. I’m still working on purchasing my first investment property and I recently got under contract for a duplex in an old town I used to liv...
Matthew Warden
Strict Requirements for FHA?
We are looking into buying a house that was recently flipped. We will be going the FHA route. However, the garage was not touched at all. I'm afraid the inspector will reject the loan because of the garage. It has two...
Michelle Oblena
Reporting rent payments to credit bureaus
hi all! i can't find the resources previously mentioned here, but i'm looking to officially put in the good word about my tenants' rent track record. they're college-aged and one expressed desire in building credit vi...
Jonathan Johnson
What's a Ballpark Estimate for insuring a 6-unit
Hello BP!Looking at buying a 6-unit apartment and I'm guestimating expenses. If I get what's standard for a commercial property insurance, how much can I expect a year for insurance?
Stanley H.
Maintenance cost of 50 years plus property?
I was reading Mark Ferguson's blog and came across this cash flow calculator.http://investfourmore.com/rental-property-cash-flo...In that he mentions that house older than 50 years have on an average 25% maintenance c...
Bruce Woodruff
Age limits for AIRBnB?
Well I've had it with younger guests.....they are not as clean and fuss about the most inane things. The entitlement is killing me.....A recent young lady on her honeymoon said - 'You have ants in your house'. When I ...
Martha Blumel
REO Duplex
Hi all!I’ve been watching an REO duplex for some time now. It has been on the market for 110 days and has gone from $132k to $114k to $99k to $88k in that time. Even though our market is climbing. It was not an origin...
Anthony Gonzalez
How do I get started at 17
Im just getting into real estate I’ve learned a handful of things but should I get started on wholeselling first just to get the hang of pitching sells or what should I do first
Paul Smythe
Sending mailers to non-absentee owners
I have been driving for dollars and have a list of properties that I want to send mailers to. My question is this: is it worth sending the letter to the owners who live in the property I am interested in? I'm targetin...
Kyle Fitzpatrick
Rental property analyzer
Found a deal in Springfield IL in a good area. Triplex with rents for 700 each, property taxes of 3,500 per year. I would like to live in one unit and rent out the bedroom. What would you offer for this place? Off mar...