I’m working on setting real estate goals for the next five years. What are some RE goals you have?
We did a 1031 exchange (our 2nd) and sold a $900k condo and bought 2 single family homes ($660k & $490k) totaling around $1.2M. the original basis of the relinquished property was pretty low. I want to do a cost s...
I just replace a broken water heater on a SFR that has been in service for about 7 months. Now, I'm getting all my books in order. Would you guys write it off as a repair since it's a small section of the UOP, depreci...
Morning all. I was hoping for some input on foundation repair. Bought a SFH with bowing basement walls knowing they needed replaced/repaired. 1 option is replacing the walls but they are booked until July! We can have...
Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...
So I recently found a home that I want to rent out. 3 bedroom 2 bath and the house is located in a culdesac down the street from a elementary school. Sales price 85k30yr mortgage 5%taxes are 1700-1800 annuallyThe hom...
I’m assuming 20% total for vacancy, cap ex, and repairs. Then 10% for pm. Can I lower these figures if the houses are in good areas?
Hi everyone! I'm looking for a good quality, reliable contractor for a rehab I'm starting in Mundelein, Il. Closing on the 30th of Sept and need to get estimates as soon as possible. Fairly broad SOW so it's a good s...
Greetings BP Fam!I am a Broker who works with investors -both SFH and Multifamily. I am trying to come up with a list of frustrations with the purchasing/ underwriting process so that I can better serve, while also ho...
Hi,So I am looking to buy a place and the owner has a foundation repair warranty for a 1940's house. I had a home inspection done and it said sagging beams. piers not contacting beams piers not tied to beams. is this...