Steven Mitchell
Property mgmt fees question
Hello,We recently bought a property we need to be managed. When signing the contract, we noticed they charged 10% of gross and 50% when they find a new lease, which we agree with. However, if we fire them before a y...
Lenny B.
Question on necessary disclosures for fix and flip in Oakland CA
Hello,I am considering buying a duplex in Oakland California that seems to have good bones, but needs a substantial makeover - new exterior, roof, plumbing, electrical, foundation work, and interior. There is a lot of...
JOE SNEAD
help on first deal
here are the numbers
1100 sqft condo 28k
rents for 750-850 a month
hoa fees 360 month
tlc needed - heavy clean, paint, new stove-1k
buying all cash no mortgage
So if the place rents out at 825 no vacancy i make my mon...
Jonathan Godsey
Run down cabin west of Colorado Springs
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $42,500
Cash invested: $125,000
1950 hoarders house. Total gut and remodel. We intend to buy and hold.
Wh...
Ariel Rodriguez
Greetings from Poughkeepsie, New York NY
Hi, my name is Ariel and I am currently studying finance at Fordham University. I've got some background experience in Real Estate through some family holdings.
We've got a handful of apartment buildings in the Poug...
Donny Random
Screening tenant- income qualification
I have a married couple applying, Wife is employed, husband is unemployed and receiving benefits. The wife almost meets the income requirements ($100 short).
Would you factor in the husbands unemployment benefits or n...
John C S.
[Calc Review] Please Help me analyze this deal
Good morning BP. So I acendtly stumbled on this property off the MLS. It is in a B+ neighborhood bordering a A neighborhood. I have not seen the inside yet there are no picture so i can assume all 4 units need repair....
Brian Barrett
Contractors in Chicago Western Suburbs
We have a project in the Western Suburbs that consists of a gut/rehab with small addition to an exisitng 3 story Victorian structure.We are seeking a few quality contractors for the following:Rough carpentry (framing)...
Stephen Parker
Mobile park home fix and hold
Investment Info:
Mobile home fix & flip investment.
Purchase price: $55,000
Cash invested: $75,000
Small mobile home park. 1 unit gut rehab, 1 unit substantial interior rehab, lot and land improv...
Rene Bee
windows /doors contractor installer
Hi Everyone,I have a 2 family gut reno to do. I have about 25 windows to replace. I am going to hire a general contractor. Should I expect them to install the windows (add to my sow)Should I get quotes from window i...