Gladys Pilarski
14 Unit Property available and I dont know where to start
A co-worker (we will call him Charlie) just inherited a 14 unit property. They have no interest in being the owner but know that my husband and I have been considering real estate investing. With that said, we only k...
Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
Hi all,I have a few long-term rentals and am exploring a STR for the first time, and am seeking guidance / advice on my expected expenses (and ideally what i'm missing that i should factor into my calculations). Part ...
Account Closed
Drawing Plans for Garage Conversion
I am looking to convert the garage of one of my parents rentals into a bedroom with a bathroom and possibly a kitchen in order to rent it out. I was considering drawing the plans myself and submitting them to acquire ...
Jean W.
Live in landlord, need a lease term preventing working from home
Hi I'm Jean, I have a small property that I am a landlord of. I live in the house with tenants. And have a back house that I rent to a tenant separately. I currently have one live in tenant, and I want to have a room...
Craig Cerny
ARV rule of thumb?
Are there any formulas, rules, etc I can use to understand after repair value? E.g. if I spend 20k on improvements what will that do to my ARV? I image if I put 20k into a 500k property it wouldn't have as much impact...
Kim Stricker
Looking for an easy way to pull comps on previously sold properties
I looked at Zillow. However, I'm looking for something that doesn't show the current estimated value. What do appraisers or realtors use to pull the comps in the area?
Kristin Riker
I'm in the game! My 1st property ever.
Hello RE investors!
I am pretty excited to announce that after close to a year of being in Analysis Paralysis, I have had my offer accepted and am currently in the process of possibly closing by the end of the month ...
Wayne Bolen
What to do with an extra 0.4 acre lot?
My partners and I recently purchased a small self storage facility outside of OKC. The sale included both the lot with the storage facility, as well as an adjacent 0.4 acres. This was a value add facility (we fixed th...
Marshall Secord
Rehab permits for finished basements and added baths
Hi BP, I've got a house in West Philadelphia that I plan on adding a bathroom and finishing the basement for. The basement already has huge ceilings and won't need to be excavated or underpinned. What I'm curious abou...
Karen Margrave
Project Management Software Suggestions
Does anyone use project management software (Builder Trend, Sage, etc.) If so, how do you like it. Pros and Cons?