Mark Beekman
This condo is a S***hole -- Literally!
I went to see an REO condo today and ALL of the carpets are wet, ALL of the walls have mold on them about two feet up from the floor, and there are sewer flies EVERYWHERE! And, yes, poop. Lots and lots of poop.The con...
Meghan McCallum
How do I structure private money deals?
Hey there BP!So, it has come to the point in time that I want to begin offering up opportunities to invest with my company. I don't need the loans, I have cash to work with and banks willing to lend me money pretty mu...
Andrew S.
Rusty cast-iron sewer pipes - any options other than replace?
I have a problem with a cast-iron sewer pipe in one of my rentals. It clogs up frequently and according to the plumber who just snaked it, the issue is likely paper getting hung up on the rusty insides of the pipes. ...
Bethany Shipman
Optional rehab beyond 80%LTV… and baseboard heating
Hi! Husband and I are attempting our first BRRRR on a duplex. Offer is accepted, 55k, about 30K rehab and ARV 110. My question is, if my final loan will be for 80% max but we found a couple other things that could be ...
Karim Karawia
Want to buy and hold in Southern California/los Angeles
Hi,
My names Karim and live in the southbay by San Pedro. I've been looking for months and am trying to make that leap to buying and holding my first multi family property. I was hoping to find something in my backy...
Sandy Spence
Does this smell funny?
I have a new tenant, about to move in September 1st. I've had a few interactions with her that baffled me, ok, no, the made me think "WTF!?"One, they had a house nearby a couple of years ago (verified this), took a ba...
Jimmy Moncrief
Ask Me Anything - I'm an underwriter and an investor
Hey Guys
I'm new here and would love to answer any questions you have regarding getting financing for investment properties.
I'm an underwriter at a bank that specializes in real estate investment properties.
I'm a...
Christopher Campbell
A San Antonio Story - The "Texas Tuesday" Auction
Good morning BP Homies!I attended the age old "Texas Tuesday" traditional courthouse auction lawn party yesterday and witnessed some interesting things I wanted to share. For those that may not know, the market here i...
JT Crownover
Would like to have someones experience analyzing this deal
Working on my first deal. Would love to get you guys opinions. I will be acquiring 15 units SFD at $60,000/each. They will be new construction. Around 1000 sq ft each. 3/2 and 4/2 units. We project rentals rates to be...
Steven Griff
Investing in my first rental property Pt. 2 House Hacking/Duplex
Hello, everyone! I'm looking to leap from the nest (my parent's house), and I've been on the hunt for a duplex for my first home purchase. Unfortunately in my area, duplexes seem to be a dime a dozen (did I use that e...