CJ Witmer
Looking for advice on a buy and hold duplex in PA.
A long time friend is looking to cash out of his duplex rental property to get away from tenants and pay off his primary home. He has it on the market now for $95k. He said he'd sell to me for $60k.
- Property gros...
Rebecca S.
Heat and The Broiler
Hello, I have new tenants in a month to month lease. I started them off with 101 gallons of fuel oil. They moved in about the first week of November. Issues started I had someone come out and drain the system. it was ...
Patrick Philip
A few questions about this rehab house?
My questions are mostly what to do with the bathrooms. I know the rule of thumb is NEW everything. But these showers and bathroom vanities look pretty good. Would it be worth it to replace them? Also what to do in the...
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...
Doug Thompson
8-plex deal cash flows, but probably won't pass appraised value?
Hello BP, I'm a new investor. I have been studying, reading, networking and building my education. I plan to flip, as well as long term SFR and MF. I have cash from recent sale of my last startup company. I've be...
Nkechi Jarvis
In a dilemma! to build or to sell a vacant lot?
I have a vacant lot (40 feet by 108 feet) near University of Houston, Texas Southern University, and Downtown Houston; and I have just recently re-platted the lot as two separate lots (each is 2,160 sq. ft. UNIT A &a...
Amie D.
Will smaller cities pick up steam?
More and more reports come out of the price increases, low supply and so on in the real estate market of large cities across the nation.
In your experience (or opinion), do the smaller cities outside of the larger me...
Bibi Mathew
How much do you put down to be cash flow positive?
I have people tell me to send them investment properties that are good for rentals all the time when I am at Open Houses. I am in Orange County, California. I understand lot of investors are looking for cash flow posi...
Tatiana Vinas
Using big box store installation vs finding your own contractor
I have used the installation teams from big box stores such as Lowe's and Home Depot for some projects for example, flooring, siding, and windows. I have used this route a few times in my remodels because I'm pretty ...
Michael Campione
Energy Efficiency
Hi all,
About a year ago we purchased a 2 story 2000 sq house in Garland, Tx as a rental. Got a great price but put about 25-30K in upgrades including new A/C, water heater and appliances. The house is all electric an...