Jeff Stansberry
Advice to make a positive cash flow
Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...
Emily Allen
Electrical Permit Question
Hello! I have a specific question about pulling electrical permit. I'm working on a rehab. Power in the house has been disconnected for 4+ years and Georgia Power has removed the line going from the house to the stree...
Mark Yuschak
Playing the games with BOA
I'm working on a short with BOA via equator. When I enter in the bid amount, it instantly tells me that the offer is to low compared to their perceived value. I have no clue where they get their values, but regardle...
David Kassab
(Metro) Detroit, BRRRR, Rental Properties - Considering Section 8
Hello everyone,Cheers to my first time posting on BP!I am looking at the small-cap asset market in the (Metro) Detroit area (because it's the only market that I know). I've put together a quick proforma and I wanted t...
Brett Robinson
BRRRR Rehab Options for Higher Appraisal
I just bought a single family house with a finished basement suite. I didn’t buy this for a BRRRR but I think I could swing it. The basement is in good shape and upstairs is also not bad the kitchen could use some upd...
Stephen Sokolow
Deal Advice on Out of State Pre Foreclosure Deal
I am working on a pre-foreclosure deal and need advice. The deal looks like this:Loan outstanding: $244,000 QuickenLoan and it is a FNMAOther debt: Base on my preliminary title search $0Equity: $85,000The owner wants ...
Gabriel Kinser
Perfect house hack in a beautiful area of Des Moines.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $175,000
Cash invested: $25,000
The perfect house hack property - 1 'master unit' has 2beds, 1.5 baths, fron...
Sean Chua
Reserve Amount - House hacking in Atlanta
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
Dan Leverence
38,000 sqft Office Building Conversation to Storage Units
Hi everyone,I am currently in a position where I have the ability to buy an office building with 38,000 sqft for about 300,000 at 4 floors, and do so with cash with a partner. This building has very solid construction...
Katrina Thomas
First out of state purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $102,000
Cash invested: $25,000
Exceptionally large side-by-side duplex with an extra-large third floor/in-l...