Zach Zabel
FHA, 203k loans and 401k investing.
Hey everyone! Its my first day here on BP. Super newbie. I have a few questions regarding FHA and 203k loans. First question is has anyone used their 401k to finance the down payment? If so any advice would be greatly...
Tyler L.
Any rehabbing wisdom or trade secrets for a rental?
I have a vacancy coming up next month, so will be looking to bring the unit up from it's current C condition into a B in line with the neighborhood. My current SOW is more or less as follows: New floors (hardwoods are...
Matt Ellis
Backing out offer help
I made a verbal offer to a seller on a distressed property and I realize I didn't due my due diligence well enough. The seller called me back and accepted. Its a very low offer but in a warzone neighborhood. I am sup...
Thomas J Petracca
2-family buy and hold in C neighborhood of New York
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Poughkeepsie.
Purchase price: $64,000
Cash invested: $100,000
100 year old brick 2-1/2 story home, "railroad-flat" style, ...
Michael Gertz
Driving for dollars - found a place near me - whats next?
Hey BP'ers!I have a house that looks to be an estate that no one is living in. I checked the mail - yeah it was on the porch and noticed that the owner hasn't paid their water bill. Found on NJ Parcels that no loan ...
Tim Klotz
Tenants wont move
I have a tenant that wont move, completly. Feb 2nd tenant called and told me that they would be out 2/15. 1yr Lease expires 3/1 They still owe the rest of January's rent, as well as Feb rent. I did not evict them, bec...
Aref Shehadeh
What to do with wall tiles in... dining room.
Rehabbing a 1930's bungalow. There is tile present on the walls of the dining room, which is the most central room of the first floor. The tile is in decent shape.Creeping on my rehab budget and would prefer to not de...
James Allen
Quote for interior paint
Hi BP Community,I recently got a quote from a contractor of mine for interior paint and it seems quite high in my opinion. I wanted to get your opinions on the quote. The unit is 733 sq ft. The quote was as follows:Re...
Mark Forest
Appliances
Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...
Michael Kistner
Buy and hold repairs
Hey BP Forum! When you purchase a buy and hold property do you believe in making only necessary repairs or do you go in and gut the place even if it doesn’t help your ROI? I’ve been going back and forth on thi...