Account Closed
Evaluating a rental property
Hello everyone. I'm new to real estate investing. I might have stumbled on to my first investment. My brother-in-law's mom owns a hair salon with two apartment units on top. She owns the building free and clear. Her h...
Michael DiGiovanni
Elevator Pitch Feedback
Hello Everyone,I am new to the real estate investing scene. Currently, I am a college student attending the University of Washington in Seattle trying to pursue my investing business full time. However, I have yet to ...
Hannah Hammond
San Diego or Las Angeles Short Term Vacation Rental
Hello BP!I am a Realtor here in Scottsdale, Arizona and am looking to buy a condo in either the San Diego or Las Angeles California areas to be a short term vacation rental. I have not yet invested out of state, nor h...
Colleen Carnahan
Material Quality Question for a flip
Hello fellow Arizonians! My husband and I have recently obtained our first property to flip near 16th St. and Indian School. We are estimating an ARV of about 300k. We are trying to decide on materials/figuring out ho...
Josh L.
How do you know if your SFH is Class A, B, or C?
I need to update my place when the tenant moves out, but I'm not sure to what degree I need to upgrade it as that will depend on what Class it belongs to. But, I'm not sure how to identify what class my property would...
Lee Sierecki
Selecting a tenant
We are currently marketing a property that has a great deal of interest. Would any landlords consider someone with poor credit who was willing to pay a full year's rent in advance (plus deposits), but doesn't quite me...
Eric Gamble
BRRRR - Understanding the Math
I have seen a number of post where members would like to undrstand why & how the BRRRR Strategy works. Below, I attempt to walk through the logic of How & Why (this is my approach - keep in mind with math you...
Nicholas Kitchen
Sell the unit or get cash out equity line?
I'm having a tough time deciding what I should do with my rental unit. I want to take some cash and start investing in multifamily properties.It's a 2/2 Condo in a highly desirable location.Purchase Price: $97kOwe: $6...
Clay Manship
Rehabbing a Property That Already Has Tenants...? Help!
I am purchasing a 4-plex that already has 2/4 units occupied. However, I will be spending upwards of $75K to completely rehab the place and bring in a new clientele and rent level. Does anyone have experience doing th...
Kurt Smith
A combined family project
Investment Info:
Single-family residence fix & flip investment.
Cash invested: $40,000
Sale price: $515,000
This was a relative's home that we were able to renovate to make the house more appeali...