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So I'm evaluating a property that has steam heat/window ac units. All the comps have forced air. All bids I have gotten are 10-15k, but I have a contact who is licensed and insured who could do it for maybe 50% of t...
Hi everyone! My wife and I have been listening to the podcast and reading BP books for almost a year now. After months of hunting we finally dove in and bought our first investment property! Let's just say it's been a...
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So I'm looking to go under contract on a house for which the seller already had an inspection done. Because of this, I won't have any inspection period.
The inspection didn't point out any major issues, and describe...
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Hi All,I’ll be closing soon on a 2-unit property. The two units are separated. Second unit is two floors. Living room of the second unit is an extension of the detached garage and the bedroom for that unit is on top o...
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Hi BP people,
For those of you who are flipping properties built prior to 1978, I'd appreciate if you can talk about dealing with things like lead-based paint, asbestos etc., nowadays (when market is crazy and you ne...
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Hi All,Fairly new to the game (but with a huge appetite for learning!). I have walked into a couple properties and two strong emotions come to me: i) just felt like there was no way I would live in those properties an...
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Hi All, hope someone has advice.We have a 3 unit, concrete block property in FL. Program we rent through (similar to sec 8) said all units have to have heaters.To give you an idea of how important heaters are, I ran m...
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Need some advise,So since I started three weeks ago I have viewed 3 houses and spoke to several individuals, The first house was a 7 br 2 ba in a rough area I had only one investor check it out, and he said it was too...
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I finally think I am ready to buy my first rental property. I just need to know what everyone thinks. The house I am looking at is 125K, but needs paint, carpet, AC, and foundation. The total for repairs is about 1...
Hello Bigger Pockets! I am just getting started here in Charleston, SC. I have been inhaling podcasts and forum threads on BP for a little while now, and have really been digging into certain aspects of this type of i...