Mark Whittaker
3 unit MF appraisal. 3 buildings on one plot as a single property
I am looking at purchasing a 3 unit multifamily deal. it is 3 separate 1100 sqf single family 2/1 houses on one plot of land. sold as a single entity. one of the buildings is damaged and condemned but fixable. ...
Theresa Allison
Profit split question
My husband, who is a contractor, and I have been rehabbing and flipping homes for years. A neighbor has approached us and would like to partner with us to get his home sold. He wants us to do the rehab, all costs woul...
Jose Perez
Funding a deal with a relative's money
Hello BP!So there is a small multifamily that I'm analyzing and I don't want to get a bank or a hard money lender involved. The banks take to long and the HML charge a lot. Plus, I want to learn how to raise private m...
Nick Bleser
Should we buy a multifamily with an adjustable rate mortgage?
Hi folks!There is a property available in my town that is 3-4plex's. It's listed for $600,000 and could bring in $84,000 in gross income. After our best estimation with the info we have available we believe it could c...
Trevor Hansen
Amazon Alexa in your rentals? Other smart home technology?
A recent article in the WSJ covers how Amazon is partnering with property managers and property owners to put Alexa and other smart home technology in multi-family and other rentals. I see a long list of pros and cons...
Account Closed
ADU options in SF East Bay
Hi all, new here. I'm thinking about an ADU for my owner-occupied SFH property near downtown Lafayette. It's a good location, easy 10 min walk to BART and downtown shops / restaurants, and 2 blocks from great elemen...
Bert Rich
Price per sq foot variability
When researching a zip in tampa, i've found a very large discrepancy between the price paid per square foot in very similar turnkey 3/1 (or more) houses) with very similar total sq feet sold over the last 6 months. A...
Ryan Dossey
Exposed brick wall in the kitchen?
What do you guys think? Yay or Nay? Downside I'm thinking energy savings loss is a potential. Upside is trendy/unique which is what we're going for on this flip. Smaller kitchen:Dark Granite, Stainless Steel Appliance...
Jason Scavilla
Checking or Savings account per each house
Should I have a separate checking or savings account per rental house. I currently have 3 rentals (just closed on the 3rd one a month ago), and the rent money currently all go into 1 checking account. I have Bank of A...
Jake Kozul
Lockable Thermostat
I have two of my homes that are configured so I am responsible for utilities. Is there any thermostat I can purchase that is lockable or I can program to keep the temperature within a certain range?