James DeRoest
Tree falls into my property, onto my building.....guess who pays?
I do!Learn something new every day.Rotten old tree stump that's about 20 feet high falls over and is leaning on our garage (at our latest acquisition).Turns out that we have to pay to have it removed! So someone else'...
Edouard Pierre
9-unit Under Contract in Chicago...Ideas?
Hi BPers! To keep a long story short I'll get to the point. I'm under contract on a 9-unit building in Chicago. Found it off-market and it's an estate sale. It's a corner building next door to a 7-unit building I acqu...
Gary Parente
Austin Growth Continues! Elon Musk’s Boring Co Relocating
The Austin growth continues to explode!!! https://communityimpact.com/austin/round-rock-pflugerville-hutto/development/2020/12/16/elon-musks-the-boring-co-files-for-pflugerville-building/#:~:text=The%20Boring%20Co.%2C...
Jim Viens
Input on offer price
I'm talking with a guy right now that owns 8 SFH rental properties he's wanting to divest from. One property in particular is a 3/1 with single garage and full basement on a quiet street. Market values in the area are...
Baird King
Short Term Rental Insurance - Owner Occupied Duplex - California
Insurance difficulties are everywhere these days, but it seems there is at least one (expensive) option in most instances. We are having a heck of a time finding ANY option for our situation. We live in one unit on ...
Paolo Ruggieri
Line of credit on multiple properties
I own 9 properties free and clear all rented. Values approx 50k each -450k in totalI have perfect credit, great assets (300k+ cash) and very good income (both rentals and w2)I would like a line of credit 250k (60% loa...
Wesley Whitehead
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Was hoping someone could give me their two cents on the calculations I have done for a qu...
Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Jessica Howard
How do you evaluate a piece of land?
I came across a parcel of campground land that I'd like to purchase. It's 50x80 feet. It has access to electricity, fresh water, has a road that leads up to it and has a lake view and has been used for camping. The...
Daniel B.
Equity Loan
First time buyer. I have an equity loan line of credit. Do I use it as a down payment for a larger home or purchase a smaller home outright and have interest only payments for 10 years? I am looking to buy and h...