I've got a decent amount saved up, and I'm accredited. In the market I've been looking, the CoC on turnkey (through agent, not company) is only about 6-7%. Cashflow with loan is maybe $150/door. Is it worth doing o...
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Hi BP family. So one of my properties that I have under contract has a break on the chain of title and it goes so far back that the seller does not even know how to get to those people to sign a quit claim deed. He do...
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This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
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Hi BPs!I need your feedback on this. So I've applied for a mortgage loan. The investment property is in Illinois, a 3/2 house. It appears that I've passed all the requirements from the underwriter except for one th...
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My wife and I are trying to find our first rehab. We have done tons of research and have 3 realtors working with us. My wife is getting frustrated and wants to immediately go to bandit signs, yellow letters (list sour...
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I am in the beginning phases of putting my business plan together. My goal as far as an investor is to acquire a few houses both SF and or MF then start to get into buying and flipping houses. This is just a thought I...
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Article on Market-Watch:
https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318
Spoiler alert:
- According to the mortgage bankers association, the a...
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How much can I expect to pay for general contractors?
Let's say that prior to making an offer to buy a rehab, I hire contractor A to do an initial walk-through with me and come up with a detailed improvement ...
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I am a landlord and the homeowner next door is suing me for personal injury, claiming a leak from my property caused him to fall and break a leg on his property. My tenant never reported the leak to me and said he fix...
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Hello community, I've just joined up to learn all I can about real estate investing and property management. I will be inheriting a 3 unit property in Wheat Ridge that I current live in the main house. I have just com...