Samantha Miller
New Construction Financing On Land You Already Own
Hey BP,I recently purchased a small vacant lot in Philadelphia. I am now considering building a triplex (3 unit) on the lot, so I would need a loan for the construction costs. For any lenders or experienced builders o...
Tim Willms
Western Wisconsin Foreclosure is now in Redemption period or preREO
Hello all. I am a person who follows Sheriff sales in my area and am trying to break into investing with deals this way. I am currently working on two different foreclosures. I want to basically wholesale or quick fli...
Sarah Sass
Cost analysis: Building costs to add a hot tub to my Smoky mountains STR
Question 1: Does $4698 for materials and labor to prepare my house for a hot tub seem in line?
Question 2: Any 4-5 person narrow hot tub recs to speed up the process? I've been stalking the forum posts to narrow dow...
James H.
Buying a house - asbestos & lead testing?
Hello,I'm closing on a multifamily (16 unit) property in Arkansas early next month. The exterior is brick, and the units/common areas have been remodeled on the high end (hardwood floors, marble, granite, etc) and no ...
Kathleen Rogers
Could REPS make tax savings more valuable than cash flow?
My husband works for a commercial developer (W-2) and is a small owner (K1) so our understanding is that he qualifies for REPS. We're looking at buying an STR to self-manage but with rates and prices where they are, t...
Elaine Hester
30-day notice went to Spam!!—what to do??
Our tenant text my husband today saying that he's vacating in a few days. He said he emailed us his 30-day notice to both of our personal emails two weeks ago, however neither of us received an email from him. My husb...
Bobby Beard
How many of you would do this deal?
Two triplexes. 2/1 with storage and w/d hook ups. New roofs, new AC's, new windows, New tile flooring in all units. Property is in great shape. Current rents are mixed totaling 3500. With in a year i can take rents to...
Adam Scheetz
4% Rule Duplex!! Tons of equity!! No way, right??
Greetings All,I've been crunching these numbers and running different scenarios to exhaustion. As crazy as the margins are, it still seems like a good buy. Lots of work is needed, but the spread leaves tons of room to...
Ryan Murdock
Too drunk to be evicted
Just when I thought I had seen it all. In court today trying to evict an inherited tenant in a managed unit. The judge actually continued the hearing a week as the tenant was deemed incapable of making sound decisions...
Damien Buchanan
Do you need title insurance when buying a foreclosure?
If a title is clean after foreclosure, do you need title insurance when purchasing?