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What are some good/efficient methods (other than just knowing from experience) to calculate what a property might cost me in renovations? Also, what percentage do you typically factor into your initial budget for thos...
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Hey Guys,I'm closing on my first rental - a single family home in Kennesaw, GA on Thursday. I've been lining up contractors, getting estimates, etc. but want to make sure I'm getting the best value/high quality contra...
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Hi, Looking for help/insight on Land division in NE PDX. Let me know your thoughts and experience please!I was looking at a property with an existing home that could easily have a flag lot behind it (link below). Si...
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I am at a MAJOR career crossroads and seeking advice from investor/business owner minded counsel! I am currently making around $35k working at a premier fast food/quick service restaurant franchise. However, I am at t...
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I am underwriting several deals that are 72, 74, and 84 units. I'm assuming these all need on site managers? The existing T12 shows 24,000$ for a "property manager" however that seems too low for an on site manager. M...
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Unsure if this is universal or more on a local level (I'm in North Jersey if it matters), but is it possible to graduate from flood insurance? In other words... can the property get re-assessed to determine flood ins...
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I'm under contract on a rental house in Teaneck, NJ that has an under ground oil tank. Apparently, that's fairly common and legally it's on the seller to remove. Curious what the risks are. Seller has agreed to credit...
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I just found out that we are going to need to replace our entire septic system, including drain field because the county will not allow us to fix gravity systems at all. I'm told that this could take 3-6 months in tot...
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I will be viewing a duplex soon and I want to make sure I am asking the right questions when I go. The obvious ones that jump out at me are:1. Why are you selling?2. What are the current tenants paying in rent? And ca...
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Hi there real estate enthusiasts! I was hoping to get some insights on opportunities in the state of Alabama, specifically I have heard good things in Montgomery, Huntsville, Tuscaloosa, Mobile. I have done some backg...