Tom Shi
Is it fair for seller to pay buyer $6k in closing cost?
I am selling my house in Portland Oregon. Housing inventory in the city is scarce, so still a seller's market. Asking price was $410,000 and a few days after listing I received 1 offer, at asking price. So far so g...
Johnny Young
Deciding wether or not to pull the trigger
So I have been studying the strategy of rehabbing for almost a year and half while we built credit scores and retired debt to increase our debt to income. I've been actively looking for houses and running analysis on ...
Kyle J.
Suggestions for how to fix large hole in laminate cabinet
Just had some tenants move out and leave a large hole in what was a brand new kitchen cabinet. (See photos below.) The cabinet is laminate over particle board, and the area where the hole is located is visible from ...
Chibueze Nwadigo
Sneaky tenants caught on Airbnb
Hello guys, so long story short, recently found out on Airbnb that my tenants listed my property on Airbnb which is a violation of the lease and could get evicted but I am thinking like a business man. My question is ...
Robert Arnold
Squatting vs Storage: is eviction different?
Hey all! Would love to hear your ideas/advice. Our squatter is GONE! Well... sorta. Aug 17 posted 30 day notice to quit, squatter says he's actively looking for new placeAug 23, 2021 local power company posted 3 day n...
Justin Woodworth
Dillemma, Renovate or Keep Tenant
Dear BP'ers I recently am closing on a duplex (end of July) and the side that was previously owner occupied is in decent condition. I plan on just adding new hardware to the cabinets and tearing up the carpet to put v...
Andrew Bassuk
65% rule in CA?
Hi. I'm new on the forum and have a ??
The flipping rule of thumb of 65% ARV minus repair costs makes sense in markets where houses are affordable. I'm wondering if it needs to be modified in southern CA.
If I cou...
Aaron Hughes
Seeking Advice - Maryland - Newbie (Rehab) - Next Steps
Hello,
This is my first post. Let me cover the basics:
Who: Aaron (myself)
What: Rehabbed Property
When: Over the past year (Summer 2020 - Present)
Where: I live in MD, the property is in SE DC.
Why: That i...
Muhammad Amawi
What is DSCR financing?
Hey BP!Seeing this is mainly an investor forum, I thought I'd shed some light on what is probably the most utilized investor product: DSCR.DSCR, for those that don't know, stands for Debt Service Cover Ratio. What it ...
Bradley Ritter
arbitrage strategies for note investing
Hey any arbitrage strategies for note investors you guys are willing to share with the community ???