Julio Casal
Starting with a small condo to learn the basics, good idea?
I’m looking into start investing in real estate somewhere close to where I live (Redmond, WA) but since I have never bought a property with the purpose of renting it ( the only thing I have ever bought is my house) I ...
Matthew Murray
Mobile Home Park Value Add
Hello BP community, I was curious to know what are some of the ways value can be added to mobile home parks? I’m looking to make my first purchase and would like to see how I can improve this property.
Sean N.
New tenants. 2 week bug letter.
A current tenant will be moving out next month and I'm excited to get the unit ready and have it rented out at the current market value. I heard in the past that a land lord can have the new tenant sign a form which ...
Jerry Maggiore
Every Detail on Wholesaling properties
I’m trying to make extra money by wholesaling houses or even land. So how exactly do I do it? Let’s say I found the distressed property that’s not on Zillow or anywhere. I get the owners information and we get a deal ...
Luiny Tavares
Plot plan or site survey?
I will be closing on a single family house tomorrow, and I want to convert it to a two family I will be adding 300sq feet of space. So as I understand it I will be needing an architect do draw up plans, then I need to...
Vicky Kalashian
Cash out refi, debt to income ratios and acquiring more loans
Hi all! We have a paid out rental that generates a net $1400+/mo that’s worth about $235k. We want to purchase a $140k fixer we’ve identified by using a Cash-Out Refinance of $170k (30 for rehab). ARV is like $215-22...
Alan Bosca
Advice on bldg retrofit with forced tenant move-out
Hi -My condo bldg has structural issues affecting my unit line & my tenant will be asked to move-out.Does anyone have advice on how I can minimize the downside in terms of lost rent? Can I recover from insurance ...
Michael Blackwood
How do you answer this question?
I get this question when speaking to a wholesaler or realtor for the first time. "What kind of return are you looking for?" This seems like a vague question but they seem to be wanting a specific number. For you ex...
Sandeep Gandhi
Local vs Out-of-State SFR/Multi-Unit Investing
Hi All,I am new to BP - and fairly new to Real Estate Investing itself. I have only bought one condo - about 6 years ago, rented it for the first 4-5 and have since moved into it.I am looking to invest about $250k int...
Nathan Asher Robson
How much cash should I have for repairs when buying foreclosures?
With 60k in total to spend.The goal would most likely be to rent it out or flip it.What do you think a healthy purchase price to repairs ratio is when buying foreclosures?