Mike K.
Rehab Management Rate/Fee?
Hey fellow members, I have a question that I wanted to bounce off you guys since I see that many members successfully manage out of state rehabs. I'm currently in the midst of a rehab in Florida while living in NY. ...
Wendy Black
Asked to give hard money loan
What advice can you give to rental property owners who may give a small hard money loan ($25k?) to a fix & flipper? It would be our first.We met him at an REI. He's got excellent reviews online. He's done a num...
Patrick B.
Real Wealth Network - is Kathy Fettky reliable ?
Did anyone have a bad or good experience with Real Wealth Network syndication ?They seem to promote RENTAL FUNDS and investors complain about their lack of responsiveness and funds not properly tracked. They do not an...
Josh Jacobson
upfront capital issues
Hi Everyone,I am curious if I can seek some advice from the community. I've been under contract 4-5 times on multi-family buildings ranging from 6-8 units in Chicago and 1 18 unit building in St. Louis and every time ...
Tom Ashe
FHA loan and adding Units to 4plex
Hi all,I'm a first time real estate investor and I'm working on my first deal. I was able to find this off market in a HCOL area, and it's providing a couple of very interesting value adds.1) It comes with plans to a...
Christopher Goldie
Slow start for the year, but ..
Well, it's been a slow start to 2016, but it just fired off. So much so that I took the plunge and quit the dead end job 2 weeks ago.Same week closed on a 3000 sf beast of a project, closing another tomorrow and have ...
Sal Montefiori
4-plex to a Triplex
Is it ever a good idea to downsize a quad to a triplex? I'm looking at doing a BRRRR on a quad-plex, each unit 2/1, but after doing an initial walk through we felt like it may be a better idea to combine two of the...
Connor Hegwood
First Flip help/ advice
Hi All, I’m very new to this world and need a little guidance. Long story short, I just got a home gifted to me and the home needs some work. The comps in the area are around 45-75k, but this home is in rough shape.It...
Jay Lutz
125 year old house reno estimate?
Hi all, There's a 125 year old MF property that I have my eye on, but it needs upgrades (roofing, electrical is very old, mechanical is ad hoc, asbestos mitigation, etc.). I'd also like to split a unit and add a unit ...
Brian Koralewski
Out of state Investing - suggestions!
Hello BP community:I posted a question regarding a 1031 exchange a few days ago and received invaluable feedback.I am based in New York (city and Long Island area) but am looking to invest out-of-state. I have been l...