Let's say a sewer system for a single-family, low-income rental house in an economically depressed area of NY State, dies. Let's say the hypothetical repair costs $20,000, and monthly rents are $750. Let's say, for c...
I'm looking to wholesale a property that is in real bad shape, built in the 1900's. Honestly, I think the only way to market this is as a pop-top, expanding the house into a full scale construction adding bedrooms, ba...
Just closed on my second Rental property, but my first major rehab. This one is a 3 bed 1.5 bath with full unfinished basement. I purchased it for 43.4K and estimate about 30K in rehab to get it rentable. I am meet...
Hello good folks of BP,I need your suggestion on how to deal with Code Enforcement Inspector in San Jose, CA for unpermitted work. Here goes the story:I purchased the property, in July 2017, it is a Single Family Home...
So lately the general contracting company I am a partner in has been doing some bids with people that are new time investors that may be jumping in with very high expectations in the beginning that flipping a house is...
Hi BP fam,I am looking to really educate myself with the rehab (cost, materials and labor) aspect of investing. What are some suggestions the community is willing to share on familiarizing yourself both as an investor...
Hello all,My wife and I are working on finding the right fix and flip project in the Inland Empire in California. We got into flipping last year when we renovated and sold a family home and realized a decent profit. O...
Hi all. Im looking at a 12 unit apartment complex for sale near where I live. The owner recently passed away and the heirs had it appraised and are selling it now. It has 11 units occupied and 1 unit vacant for showin...
Hello, BP! I hope everybody's doing well around here. In thinking through the 50% Rule, and modeling it out in my spreadsheets, I am finding myself very uncomfortable using it. Here is the hurdle that I'm mentally up ...
Ok I'm brand new to the scene of real estate and I live in a college town. A lot of the homes close to the university are old and outdated but the area is low crime and very accessible. Does anyone know if it would be...