Nick Rutkowski
Estimate from Contractors
Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
Nathan Hui
[Calc Review] Help me analyze this deal
Hello BP people, I want to revisit an old deal I have previously posted. My numbers on repairs/rehab are still rough estimates at this moment, it is just an estimate based on what I have seen so far.*These numbers re...
Cody Kauzlarich
My Personal Finances, what's my next step
I am going to be completely transparent with my wife's and I finances in hope to get some good suggestions of the direction to go to lead us to our goals. We currently owe approximately 140k on our personal residence ...
David Espana
I am private lender on a rehab property that is not selling.
I have loaned (2nd position) to a flipper using my SDIRA. A hard money lender was utilized for the 1st position loan. The property was purchased around mid-August 2018 and placed on the market in November 2018. It is ...
Tee Riddle
Unusual Foreclosure Situation
Hi all,This is a long story and not sure if this is the right place to ask about my situation, but here goes.About a year ago my mother passed away. My mother and step-father were both on a fixed income and barely mak...
Account Closed
Buying Second Turnkey
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
Luanne Dvorak
Land Contracts
Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
Account Closed
How to best position my personal finances for investing?
Hello everyone! This is my first post to the forum now that I am finally a member (I've just been stalking the site for quite some time now). I am 26 and really excited about starting my journey in real estate investi...
Jenn A.
Should tenants get a one time reduced rent
This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
Matt Charette
What's the best way to fund this cash deal?
Hey Folks!I'm zeroing in on a deal and I need some advice on the funding. The MF I'm looking to purchase is looking for $150k cash purchase, you can probably guess I do not have $150k sitting around. I'd estimate the ...