Kizzy Robb
Impact to your Credit
Hello BP!
I recently opened an retail account up (Home Depot) to help with some of my projects. I also opened a personal account up as well, close to this HD card. My credit score took a dive of 30 points. 30!!! And...
Buyan Thyagarajan
Deciding on whether to raise the rent or not for properties in DE
Hi Guys,I have a rental property in Wilmington Delaware which is a single family home for $1550 rent. My current tenant wants to renew the lease but says he will pay the original rent. I have new offers from zillow at...
Caroline Chaudhary
rent increase legal?
I am the only tenant getting a rent increase. Is this allowed? 2 weeks ago, the landlord told me I better move out because he was tired of fixing the toilet. It keeps getting loose from the floor and he said I (a dis...
Liam Marshall
Buying below intrinsic value
Very new to real estate investing. Everyone says buy below intrinsic value but how do you do that? Is it just finding properties with problems that scare people off (mold, junk, bad smell, etc) and buying those becaus...
Account Closed
What is Pre-Construction?
I have done a lot in other "portions" of real estate, REO's, flipping, wholesaling and a few other things but never pre-construction. I am not going to get into it but I know of a few people with Buildings that are in...
Julie L.
$1700/mo. increase in rent for $60k renovation!!
Hello fellow BP folks! I wanted to share one of the projects that I completed that led me to finding my way to BP's forums and has inspired me to start my journey on flipping homes. I also hope anyone reading this mig...
Willis Seng
Need Help, Commercial Property Analysis
Hi, I need help analyzing this shopping center.
5 unit Shopping strip
Agreement price: $1,100,000 (negociated and agreed upon)
Down payment 20%: $220,000
880,000 30yr @ 7%: $5,854.66/mo
5967 sq. feet
Operating Exp...
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
Michael Martina
House Hacking in Boston
Hello recent college graduate considering purchasing a Duplex in the Boston area. Quincy to be more specific (I work in Dorchester). Im currently renting a one bedroom apartment for $1400 and the way the cost of livin...
Jeff Owens
Advice needed on bringing rent to market value.
I apologize for the length of my post, I wanted to provide as much information as possible to hopefully get the best advice possible.
I am currently under contract to pick up a small 20 unit complex of 2 bedr...