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Hello BP family! Super stoked on becoming a member of BP! I am very excited to learn and review all the knowledge on this site, there is just so much. And I am even more excited to take action! I'm fairly green when i...
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Ok, how ' bout this situation. The county's website is showing a property going to foreclosure with a loan balance of 119k. Zillow has this prop appraised at 164k. So about a 33% equity position. The 119k loan was rec...
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When doing my analysis of a property, rental income is easily verifiable as well as property taxes, the cost of insurance, etc. However, I'm not sure what figure to use for repairs/maintenance as it can vary dependin...
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Looking for ideas to solve this issue. I have a gas hot water heater that is indoors in a closet that is about 7yrs old. The pilot light has gone out twice in the last two weeks. It starts back up easily and acts n...
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I'm a General Contractor in the South Florida area. I've pretty much just worked in the commercial industry and I'm aware that business is conducted differently in the residential rehab market.I was just curious to kn...
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I always love hearing creative strategies that are relatively unknown :)
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Investment Info:
Single-family residence buy & hold investment in Calgary.
Purchase price: $424,900
Cash invested: $84,980
I bought this property mostly renovated in 2015 in the heat of Calgary's...
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https://www.nydailynews.com/coronavirus/ny-coronavirus-senator-gianaris-calls-for-rent-suspension-new-yorkers-20200319-unw3kcrtbnhvbnvkvymskhjdv4-story.html
I'm not sure what to say other than a 25% decrease in annua...
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Hello,
These are troubling times and I can completely empathize with all of those who have lost their income or health. However, I currently have a tenant who has not paid rent prior to this crisis and I believe they...
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Hey Team -A little bit of background here is that I currently have 4 rentals in Sacramento and 2 in Houston as well as completing flips but have now decided to venture into apartment complexes.Just had an offer accept...