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First of all, wanted to say thanks... I've learned a ton in a short time on BP!
I'd like to quickly introduce myself and get feedback on an investment strategy that I'm looking at to get started in REI.
I have a s...
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Hello,
I own a SFR in VA that has had a basement flooding issue with all the recent rain. Several tenants live in the house and the tenant who lives in the basement had to move to another floor because the water/lik...
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I started out as a wholesaler in February and have since done 5 deals. I got an offer accepted recently and I figure it would be a good first rehab for me since its only cosmetic. Here are the numbers:
Purcha...
Recently, I have had to take over my father small country store due to his health issues. He has owned the business for 37 years and everything is paid for. The business has not changed during this time and the nu...
I have a unit that tenants just moved out of. After doing the move out inspection, there were so many damages that they surpassed the deposit. Some of the damages include:
-Cigarette burns on both vanity countertop...
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i did some research and got various conflicting answers. maybe i can get a corroborated answer here (please link the source if possible)
what is the recovery period for the closing costs of a residential rental (1040...
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Does anybody have any hard data they have compiled for expenses/vacancy/management of low-income vs. higher end rentals? I know the rule of thumb around here is 50%, but it seems that low-income is probably highe...
Ok ladies and gentlemen
Here's my question. I need help structuring a deal I have come across regarding possible lease option.
It's a buddies house he wants out of to move up north with his family around June
1) 3/...
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Hello BP Community ,(Un)fortunately we viewed the house on a day with heavy rain and it had a few spots of running water from the basement walls (the seller agent is aware of the puddle of water as well). I took a fe...
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Investment Info:
Single-family residence buy & hold investment in San Antonio.
Purchase price: $190,000
Cash invested: $19,000
This was my personal home for about 6.5 years, until December 2019...