Michele G.
Complete Rehab from studs
Where do I start to determine if this deal is worth it? We have a potential property that would be a complete rehab. It has been empty for 3 years, was bank owned. Private party purchased it last year, gutted it, &...
Sam Ferguson
Young and ready to start
Hey BP,I am currently 21 and in college, but I love real estate investing and everything a long with it. I have been involved in many deals because I work for a developer. I just recently got my first deal and put in ...
Rick Lambert
Denver-New Rehabber seeking advice
Hello all,
This is my first post on BP, but I have been trolling this site for a couple of years now and have found it to be an amazing source of information. So first off thanks to all of you out there who so willing...
Dom Allen
Question about bid received from contractor
Hello I have a house that I took a licensed contractor to so that I could receive a bid. The contractor text me later after our visit that his repair estimate is 69K. I thought that was a little high and said I need ...
David Grabiner takes the term “long distance investor” to the extreme. While he was a hospital administrator in the Democratic Republic of Congo, he was calling real estate agents in Chattanooga, Tennessee trying to s...
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
Hi,I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?I have been using Quickbooks online for years and love that it's the industr...
Mike G.
Rental Calculator- Help me analyze this MHP deal
Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price. The Knowns:All utilities are thru th...
Mike Carstens
How do I enter the appreciation of value after a refi & cash out?
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...