Hello, BP community! I am a long-time lurker, newbie real estate investor and a first time home buyer...so I'd love to get some advice and feedback to help me make sure I'm on the right track.My fiance and I bought ou...
I am having a little trouble with calculating the maintenance/capex expenses. It is also hard to find comps for this type of property in this area. I would be putting 20% down with a 3 year ARM amortized over 20 years...
First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
Hi, I have one property in Florida managed currently by a management company. Our tenants' dog damaged the window screens. The company is saying that we can't take the screen repair out of the deposit since we didn'...
Hey BP!I have a property on the market for rent that I've been anticipating getting $1,000 a month for. I now have a qualified tenant interested in signing a 2-year lease at $1,050 per month ($50 more per month than I...
Hi Everyone,I'm currently under contract for a 4-unit building. All units occupied, all tenants are paying (according to the seller).Issue: Current rent is $300/month per unit. Average for the area is $600/month (acco...
This may be a basic quesstion, but I'm in the beginning stages of researching for my first investment property. For liability purposes, all of my properties will be owed by a corporation that I'll be setting up. ...
Hi everyone,
I am looking for some advice on which Multifamily course to take.
My Goal- planning to purchase a 5-20 Unit property in TX, FL or AZ (NOT 50+ units). I will need to place this under property management ...
I just acquired a single family home built in 1950.
and wanted to rent out the house on a 1 year lease.
I was considering getting a "Home Warranty".
Are they worth it or not ?
Everything in the house works, but yo...
I was able to get a client under contract on a highly competitive condo unit in the Denver market at asking price in the 250k price range. In this market, we're seeing multiple offers (15-20 offers is normal) and the...