Traci Lovelace
Property appraised with after rehab value but not pre rehab value
We are under contract on a building that is 3 apartments and a storefront. It will require pretty significant repairs including foundation and slate roof. Because of all the particulars, it qualifies for both federa...
Jon Crosby
Itemized (non-breakage) Charges in your VR contract?
Greetings BP STR Community. I'm looking for some templates of STR contracts you use to possibly charge guests for things other than breakage that insurance would cover. For instance, if a guest is noisy and you end...
Account Closed
How to get 2 names on deed if only 1 on mortgage (want refinance)
Hi - I am hoping to get some advice for family's situation. My dad and his brother are owners of a duplex. Each live in one of the units. When they bought the duplex my uncle was the only one on the mortgage as my dad...
Kraig Krueger
Replace Old Furnace and window AC with new HVAC???
I am purchasing a 1970's SFH locally in Minnesota as a long term rental that has new siding, windows, roof, and a new kitchen, but has a Lennox furnace from 1999, and a window AC unit on the main level. Both are stil...
Cameron Sume
Buying a Duplex w/3.5% Down
I’m looking to start my investment journey by purchasing a duplex, living in one side and renting out the other. I only have enough for an FHA loan which requires a 3.5% down payment. I’m having a hard time finding pl...
Brandon Craig
Luxury 5 bedroom 2 story in the hood
Hi All,i need some advice. I am about to close on a 600k 2 story 5 bedroom luxury home in south Dallas near the zoo. It’s off Marsalis ave. I main road. I have witnessed crackheads already my two times there. This is...
George Sutton
Tenant damage to stainless refrigerator
Day after tenant moved in, we installed a brand new stainless refrigerator. A year later, they have moved out. They apparently used the FRONT of the stainless fridge for a bulletin board. All 3 doors have scratches an...
Erik Peddle
What am I missing? The 70% rule seems absurd
Hey everyone, The 70% rule seems absurd. If the contract we have goes through on my current flip I should make $69,000 in profit on a property that came out to an 85% ARV-repairs. What am I missing? Teach me please...
Ryan Bird
Chicago Property Tax Appeal
Hello -
I recently bought a town home in Chicago and wanted to see if you have any recommendations for firms who can help me with property tax appeal in the NW suburbs area?Is it worth the time and money? What are ...
Chris Harpe
Alternative Building Techniques
Does anyone know of any companies in the United States that are taking an innovative approach to homebuilding or construction in general?The traditional site build method (building and assembling everything on site) s...