Tyler Myers
First purchase - update to electric heat, or see what happens?
Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...
Kel S
Question on roof repair and code question
Hi All,
It's been a bit since I've been here. Glad to be back. I have a question for you all. We are looking at a 3/1 that is 1070 sq ft and in a nice area. The house overall is in very nice shape and you can tell t...
Jon Klaus
Buying units in a condo complex
I am looking into the pros and cons of buying a number of units in a complex of about 200 units. I would only buy units if I could get them for <$30K, and average rent would be @$700/mo each. There is a HOA fee o...
Greg Kitzmiller
Boxabl vs Addition To Detached Garage for ADU
I have a property with a detached garage that's partially converted that I want to convert to a living space. I've talked with architects and contractors and have gotten either a lot of friction or >100k estimates ...
Robert McAllister
Commercial property conversion to multi-family
Hi,
An idea popped in my head regarding the coming (and current) housing crisis... What if it would be feasible to purchase a vacant commercial building and convert it to a multi-family/apartment/condo. Yeah, it may ...
Brett Hayes
First deal analysis - quad
Longtime lurker - finally thinking it may be time to pull the trigger.Looking at getting a quadplex built in 1910 in a rural area with little to no appreciation potential. Very high renters population and several sta...
Account Closed
Starting out question
Hello all, I am new to the site and to real estate investing. I am not going to be investing soon as I am in my final year of college. Once I land my career and get a house, then I will be investing. A question I have...
Xin L.
Tenant disappeared without informing me of problems
hey all, I have these tenants that have paid rent pretty much on time for four years who just disappeared out of the blue without any contact info. I already posted a notice of abandonment weeks ago and regained poss...
Saginaw Sankins
Replacing plumbing in Chicago without a permit
Hey All,I have a two flat that currently has galvonized steel plumbing and I want to replace it with Copper however my friend is a plumber and does phenomenal work and will do it for me for a phenomenal price as long ...
Jake Engle
Subdivision education and/or classes
I am looking to get involved in sub dividing larger parcels of land into building lots. I have been educating myself with local ordinances in regards to zoning and subdivision, but know I need to be very careful and f...