Albert D.
Turn apt land into Parking Lot business, anyone?
Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...
Chelsy C
Big issue with contractor on first flip. Can you help offer opinion for this situation?
I am 3 month into my first flip. I encounter many issues.
Now, another issue. one of my independent contractor claimed that his workers get robbed at the property during rehab, and asked me paying back their lost whi...
Joshua Martin
4 Family Analysis ~ This is a bad investment, yes?
Hey gang, So I'm looking to run more numbers on larger units, and just starting with a 4 family here and wanted a little feedback. It's a B area in Milwaukee (if you guys want to weigh in ;) and it's definitely not a...
Elizabeth Schellhammer
tenant asking for discounted rent due 2 oven not working properly
Hey BP Community!So here is the scenario:Our tenant informed us on Monday night that their oven wasn't working properly. My husband immediately went to the unit to check it out. He agreed with the tenant that the oven...
Dave Ivery
Why do so many people fail to get started?
I am just curious. With so many resources available, 100% financing programs, down payment assistance programs, urban development programs, places where sellers are begging you to buy their homes, and platforms like ...
Tony Whitaker
$1,000 property offered to me...Interesting
So, I was offered a property at $1,000 and it is next door to our loft in the middle of nowhere West Texas, population 600. It is inside of an old main street store that is now non-existent. It needs a ton of work, an...
Mario Casarez
$170K for a full gut rehab in So Cal. Is it reasonable?
I recently had a contractor come out to a property in Whittier, CA (1640 sq ft home on a 6400 sq ft lot) that needs a complete gut rehab and below is the soft quote he gave me and everything he'll cover for $170K. No...
JPaul Mills
I have a great deal and need to show proof of funds HELP!!!!
Hey BP world. I have a smokin deal waiting for bank approval for short sale offer. All my ducks are in a row except proof of funds. I am getting private money to fund the acquisition but I am pitching this deal to a f...
Vince Gethings
Having trouble refinancing using the BRRRR because of DTI
Hi BP folks, I am looking for some creative ideas to refinance an SFR I just BRR'd. Here is the back story. I have a fourplex and a duplex that I bought last fall (2016) both are fully occupied. I wanted to try the BR...
Carlo D.
Considering doing longer leases
Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...