Alan Asriants
Why having an investor agent is important to an investor looking to buy/sell
Buying:
An investor agent knows how to run numbers on properties and can help determine a good or bad deal. This is important because an agent who understands the numbers, rates of return, cash on cash, cap rates, NO...
Tatum Littleton
Ways to standout
Hello everyone! My wife and I are considering making our LTR into an STR. I know with as many STR that are going up, I know one of the biggest things to do is to make sure your property stands out in the crowd. To hel...
Daniel Villagra
First duplex, concerning inspection report. Advice welcomed!
Morning BP community, I have an offer accepted on a duplex (built in 1905, $150k, $700/mo cashflow, 2 - 2nd/1bath, total of 2300 sq. ft. and rented out), and the inspection report has left me on the fence. Do I ask fo...
Larry Flanagan
What is this restaurant business worth?
I'm looking at buying an established restaurant franchise that has been around for 6 years. There is a well-compensated manager in place who handles day to day operations. Owner is absentee and has weekly conference...
Jonathan Howard
Painting over finished wood trim
Hi All - I'm under agreement for a condo that has finished natural wood trim. Good news is that there is no lead paint. Bad news is that it looks very out of of date. I want to paint it white but am losing sleep a...
Scott C.
Making handyman pay for leak repair
This may be a stupid question but I wanted to get some feedback from the community. We are rehabbing our third rental property and I have a handyman doing most of the work. One of the things I needed him to do wa...
Minna Reid
Mold
Is there some special consideration you give this? I looked at an REO today with Extreme mold. I mean I've never seen anything like it. Supposedly the pipes burst, to me it looks like someone turned the water on and w...
Jacob Beg
Will this invalidate an insurance claim?
Hi All- I purchased a property from a Trustee foreclosure sale. The risk of loss (fire, accident etc) passes on to the purchaser from the purchase date. It took me a few days to get in touch with the occupant who was ...
Lennie Holland
Finding sub-contractors
There is always discussion on finding contractors here, thought I would share my experience. I wanted to see the difference in quality vs pricing of contractors without being in a time constraint on my first flip. I n...
Grant Edwards
Should I do this deal or not???
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...