![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/215007/small_1621433795-avatar-jbphilly.jpg?twic=v1/output=image&v=2)
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 I lump ceiling fans into this equation and I was planning on removing the outdated one...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/143658/small_1621419175-avatar-benwatkins.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/891156/small_1641749823-avatar-thomaswangllc.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/185232/small_1621431735-avatar-rios9000.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1282284/small_1621510958-avatar-scottmac100.jpg?twic=v1/output=image&v=2)
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.=...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915394/small_1621505488-avatar-arthurv3.jpg?twic=v1/output=image&v=2)
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 ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1146910/small_1621509585-avatar-catalinb.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/178005/small_1621422282-avatar-jpgarvin.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/764289/small_1621496893-avatar-2brothers.jpg?twic=v1/output=image&v=2)
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...