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While opening up the walls in the kitchen in our recent purchase -- a home built in the 40's with galvanized pipes -- I uncovered a leak in the wall behind the tub in the master bath. I already need plumbing work in t...
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I’m interested in low cost improvements that can add value to a home. What’s the least you’ve spent on rehab work that translated into a higher sale price?
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Hi All - I'm currently evaluating the pros/cons of transitioning a 48-unit apartment complex's boiler & chiller system to either PTAC or Ductless Mini Split for heating and air. I was curious if anyone had feedba...
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I would love to know the answer from people with experience. If you lived in Central Arkansas, where house prices and taxes are lower than average.
Would it be better to use the money for 20% down payments of 4-6 h...
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I have two properties in Monee Illinois I'm trying to calculate MAO's for. Since I'm out of state I'm looking for someone local to give me an idea of what they're spending per square foot for rehab. They are both >...
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Good morning BP, are you looking for your first flip? How do you know if a "deal" is actually a deal? What do you need to look for, what needs to be considered? 1) Purchase Price:
Acquiring the property at a favorabl...
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Hey all,It's been a little while since I've been on here. The community helped me find a great real estate agent who helped my fiance and I get our first investment property in 2021. The community also gave some great...
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Hi I'm looking into purchasing a property and was wondering how much it would cost to repair a sagging porch. This is in a historical district so I have to restore the porch to original standards. See below for a pict...
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My boss at work is considering buying empty lots and having a foundation poured for a house/building then reselling as is. I am brand new to REI so I do not know if this sounds like a good idea or not. Helping him wit...
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I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...