Ian Boyle
First Investment Property
Hello! I was seeing if anyone could give me some advice. I’m moving to Brevard County area in Florida soon and I’m trying to purchase my first investment property, actually first property ever. I’m in the militar...
Oz Radiano
Buying a lead painted house
Hey all,
I am looking to purchase a triplex that looks promising, but there's a catch.The seller disclosed that there are a lot of lead painted parts.
From reading online, the national average of lead removal is $10...
Josh Numa
How to calculate value before ARV?
Need to asses a property 4, 2 that due to need of repair is barely a 2, 1. Roof is damaged and exposed in some areas and no kitchen. How do I calculate that to give current value?
Michael Dorosh
To rent or to sell my primary residence??
Hello BP members,I purchased an older property 2 years ago in Charlotte, NC for 145K as my primary residence with the intention of converting it into a rental property. I already put some money and sweat equity into t...
Layne T.
Basic Rehabbing Price Estimate (electrical/plumbing)
What's a fair price these days for some basic rehabbing - not a full gut (roof/flooring is fine), but just:- Removing all existing drywall- Replacing all electrical- Replacing all plumbing- New drywallBasic 3/2 1200 s...
Juan Diaz
Your checklist for home inspections
Hi all,Thought I'd share my checklists for home inspections in a few installments. If you have feedback, would love it! Exterioro Paint/Stucco. This is an easy one. Almost every single house you flip will need a n...
Joseph Bernal
Getting Financing on Multi-Fam that needs repairs
Hey all! I am new to investing in rental properties and have a goal of acquiring my first Multi-Fam in 2020. There is a TriPlex I am interested in pursuing after running the numbers. I want to finance my first deal...
Account Closed
Calculating ARV with Minimal Comps
Hello Worcester, MA sub Forum I’m a new investor and am looking for guidance from the group on how to calculate the ARV of a 3 family with 7 beds and three baths current ask price is $122/SF. I ran comps for the last ...
Aaron Sims
Budgeting
I'm a new owner and trying to come up with budget on what I should fix now or put on the back burners.The building is newly painted but the front and backyard is nothing but dirt.I need a new roof, 2 2 car gargage ...
Michael Zagorsky
FL Insurance on multifamily....killing my deal
I am looking at two 4-plex's in Palm Bay which gross about $58k a year in rent. The owner is looking for $400k. The problem is that the current owner has them free and clear and does not carry any insurance on the s...