Randy Walters
Retirement time - What to do with a commercial office building???
Okay, I'm pretty new to BP and have commented on a few forms over the months. I have some questions I wanted to ask the field for some advice on some strategies I've heard of. In this scenario, I'll say I'm "asking ...
Shahdan Calcuttawalla
Sewer and Water Lines
Advice: Recently found out that hard way that to get sewer lines and water lines can be a really big expense for a new construction, even if the lines run up to the lot. Is there any way to analyse this issue before c...
Shelly Byce
How to structure the financials when friend is the bank and you are the contractor
Hi!
My husband and I have begun the process of getting into house flipping. We are brand new to this; however, my husband has been in residential construction his whole life, including many years in project managemen...
Dominic M.
House Hacking Steps 101
Hi BP community,
This maybe a common discussion, yet I am unable find concrete data or someone who can share their knowledge on a second or multiple house hacks. Here we go:
Correct me if I am wrong but, FHA loans...
Account Closed
Return on Investment - new furnace
Is a new furnace return on investment worth the money when flipping a house? We are in the process of flipping a house that has an older forced air oil furnace (about 12 years old), which works well. Was consider...
Lynsey Dreis
Pinellas County Neighborhoods
I am new to the Tampa Bay area and am looking to get familiar with desirable neighborhoods. I have been trying to focus on the Pinellas County area (anywhere from Largo, Clearwater, Seminole, Pinellas Park) I am look...
Sam Morris
Subscription to AirDNA
I have started researching AirBnb rentals across the country and see that AirDNA can be a useful tool (even though it has its data shortcomings). I am looking to get a closer looking at occupancy and revenue for diffe...
Zhenyang Jin
Affordable target price comparison between business and residential loan
I am a software engineer working in Bay Area. I found out that:
Case 1. When doing business loan for 4+ units multifamily, my W2 can not be used to calculate DSCR. For the top tier area like Palo Alto where cap rate ...
Charlie McKenzie
The 2% Rule doesn't work 50% of the time
Ok I have acquired over 120 units of rental property and have used the following rules: 1) Purchase properties in areas that have a geographic Impediment to growth. 2) Don't purchase a property that you wouldn't be w...
Ian Davis
Please tell me "it's all in my head"
I keep thinking to myself the following statements: "Somebody else out there already scooped up all the great bargains."; "There's no more income to be generated."; "I won't be able to rent it out."; and "I'll default...