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Results (10000)
James Brand BP LETS TALK CEILING FANS!
18 December 2015 | 15 replies

Okay so I have held that the more amenities you offer in a rental that can break easily, the more time/money a unit will cost you. I lump ceiling fans into this equation and I was planning on removing the outdated one...

Ben Watkins Multi-Family funding & partnership
13 April 2019 | 10 replies

Hey everyone! Got a quick question on best practices for a deal I’m working on...My business partner and I are listing our first SFH flip next week, just closed on a quadplex, and have another 6 units under contract t...

Will Barnard Owner vs. tenant paid utilities
23 June 2011 | 18 replies

This is a debate that occurs often in the 50% rule.
Some argue that with owner paid utilities, your expense ratio could very well be much higher than the average 50% while others argue that the rental rate increase fo...

Thomas Wang Why appraisal lower for cash out refinance?
19 September 2020 | 18 replies

In end of October 2019, I purchased a 4-plex for $175,000 in Cleveland but my appraisal came in for $245,000 at that time. 10 months later now, I want to do a cash out refinance but the appraiser this mortgage company...

Andrew Syrios What have been your biggest discoveries during due diligence?
11 February 2019 | 12 replies

So I just wrote my "masterpiece" (at least, I kind of think so) on due diligence, which I would recommend checking out if you're interested in that subject. And that got me thinking about what other investor's best du...

Scott Mac I am Pro Detroit but not ready to invest there yet.
25 August 2022 | 8 replies

I posted this for discussion on the investment aspects of Detroit.
I am very pro Detroit, but not ready to invest there yet--too many problems.
I think it has a ways to go before I'd be comfortable investing there.=...

Arthur Voskanyan HELOC vs Home Equity Loan
14 November 2017 | 17 replies

If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...

Catalin B. The anatomy of a private money loan process
17 November 2018 | 10 replies

I am new here and I am looking for a short brief description about how a private/hard money loan works from start to closing (typical process)...this might be helpful for both private parties that are interested in le...

Joe Garvin How to structure a purchase with a family member and LLC
3 April 2018 | 2 replies

Hello BP Community,My wife and I have an LLC in Florida which we currently own one short term rental in and we just had an offer accepted for a 2nd which we will split with my aunt who lives in Boston. We advised the...

Marlon Long Converting a rental property into a Group Home, any advice???
8 August 2018 | 4 replies

Hey BP Community, I was wondering who all out there has had experience with converting your rental property into a group home or sober house for ex-substance abuse clients.  I see this as a great way to add value to p...