Eric Dami
Cash Reserves for your rental? How much!
Hey BP!I know when analyzing deals, its critical to account for vacancy %, repairs %, CapEx to cover costs. Is there a rough estimate that anyone is aiming for? For example, if I did a remodel on a home and replaced e...
Wayne Bolen
What to do with an extra 0.4 acre lot?
My partners and I recently purchased a small self storage facility outside of OKC. The sale included both the lot with the storage facility, as well as an adjacent 0.4 acres. This was a value add facility (we fixed th...
Kristopher Kelly
I Haven' Lived Here For One Year Yet! Help! Deals Everywhere!
Hello Yall,First off I live in the panhandle and I'm stationed up by Eglin AFB and there are deals everywhere. There are so many people that are trying to get out of "expected" appreciation plans that didn't work out....
Sara Furlong
Does months on the market mean its a bad property?
We're looking at this four-plex on Saturday. We're looking to buy our first MF home.It's been for sale by owner, but in the listings for 115 days. I see they've dropped the price twice.Is this a bad sign? Looking for ...
Zk Lani
Subject to financing?
I need some guidance on subject to and I’m not sure if it’s a good idea. For folks who are familiar with subject to, could you please provide me your input whether it’s a yay or nay? There’s this really nice house in ...
Darrell Lewis
First Time Investor Looking at Multifamily
Hi All,I am a first time investor and I think I have found a 4 family property that I am interested in. I wanted to post the details to see if I am missing something before I take the leap. The property is 95 years ol...
Greg M.
No go areas and neighborhoods?
Hey all, I have been living in MD for about a year now and am going to purchase my first property in Baltimore but I am unsure of the neighborhoods to avoid. I have done the crime overlays, looked up reviews etc and ...
Kristopher Kelly
What is a Safe "Reserves" level for a rental?
Hello again BP Fam, I am trying to decide the proper nest egg for a condo I have in Delaware. I was wondering what yall keep in the savings account for your properties and how you determine it from property to propert...
Christopher Radecke
Seeking structural engineer, etc referrals to consult about walls
Hi all!Could you please refer a structural engineer or someone who could help to determine whether walls are load bearing or non-load bearing. In our live in flip, we are interested in adjusting the layout, expanding ...
Orlando Goodon
Would you do seller concession on $900k quadplex?
Trying to get into the mindset of a seller. You bought a house real cheap. Invested $200k into it and did top quality work. Then you try to sell it around $900k in an OK area, near some not so good areas. House is top...