Kyle M.
Rehab Estimate - good deal?
So looked at a short sale property today. I'm looking to buy and hold. This property is listed at $90k and median rents in area are $1350 and takes are ~$3700.There are some issues with this house and am going to ge...
Matt Huber
Loan for Two Houses on One Property
Hey guys,If a property has two single family homes on one parcel, could it be eligible for conventional small MF financing? i.e. be underwritten like a duplex?Thanks in advance!
Jay S.
Guidance Needed to structure an offer
Hi BP familyI recently posted a few days ago about my potential first deal...well I have a little bit more of information to go on to ask for help on how should I go about handling this seller situation. A have a moti...
Thomas Holdstein
Tampa Bay Appraisal Questions - ADU and Finished Attic
Hi All - Long time listner/reader - first time caller poster... hopefully this is the right location for this postWe're looking at a house in St. Petersburg. The house has an ADU and a finished attic. These are not al...
Justin Peters
What happens when the property Sq. Ft. is lower than it really is
In the tax records, it says that the house is 2100 square foot when in fact it is 3300 sq. ft. (we have measured it 3 times now).What are the steps to take as a homeowner or as a buyer when you find this out? I know i...
J. Lancaster
How do I Comp A Brooklyn Property that I Know Is a teardown?
How do I Comp A Brooklyn Property on a block full of relatively new Duplex & Triplexes when I know the existing house will have to be torn down before a new one can be built? Do I Comp it against Improved Land ...
Tyler Rowley
Business Model for STRs
Hi,I’m considering launching a STR investment business and I am hoping for some feedback.This is the gist of the model:- I help people identify and purchase a good STR home that can double as both their vacation home ...
Kevin Lefeuvre
Would you buy this house?
Not sure if this is the best forum but since we have builders here, I hope you guys can help.So the question is: Would you buy this house?Frame Construction 1917. Beautifully remodeled. Flipper has reduced price twice...
John Clendenon
How to structure a flipping partnership?
Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
Jane Mun
Deconverting attic unit weighing options
I have a property that has 3 units currently no basement its an older building in chicago. The property is zoned for 4 units.
The city is asking to deconvert the attic unit that has 1 bathroom and kitchenette and is...