Lei L.
Is this done by termite?
I opened a wall of an old house and found some wood in terrible shape. There is no sign before ripping off the drywalls. I was told by a contractor there that it's termite. Never dealt with this thing. Is this done by...
Timothy Swenton
How to identify between A-D class properties?
Hi all. I really probably should have known this prior to investing in my first couple properties, but what is the definition for each class in multi family? A, B, C, and D ? Is there more than D? What do you invest i...
Robert Wood
Delayed Financing Option for First Flip
Howdy!
My wife and I are looking to try our hand at the BRRR tactic on a distressed property in Waco, TX. After listening to Podcast 233 (with Arianne Lenore) I am increasingly interested in the Delayed Financing st...
Alexi Schreier
Explaining assessments for Omaha property taxes
Hey all, I'm from San Francisco and interested in Omaha because of it's strong economy, good school system, relatively low vacancy rate, etc. I also visited the area a few years back and met the nicest people :)I've ...
Zac P.
Metal or Shingle Roof?
My roof on my rental is getting a little iffy.. Looking ahead and know that I will need a new roof soon. I was looking at getting a metal roof compared to a traditional shingled roof. From what I have heard and seen, ...
Diane G.
Need 17% cap to worth my while?
I am looking at this listing in Bakersfield, C class, 16 units, total monthly rent of $10K, asking $1.2M, claiming 7.75% cap... Now, if I apply the 50% rule, I get $5K net rent, which goes towards paying the mortgage,...
Eric Auslander
Refinance Borrower Poor Appraisal Rant
TLDR - The Appraiser blew up my refinance and valued my house at $385K (currently have $405K of loan balance). I purchased the house for $426K 16 months ago and was recently appraised for $433K 9 months ago.
Super fr...
Bobby Paquette
Strategy in this Market
What’s some strategies you’re taking in this current market?
Cheryl Prior
Newbie from Wilmington, MA
I have a plan to retire in 4 years from a job that I do not enjoy all that much. It would help boost my retirement savings and possibly shorten that length of time if I begin to invest in real estate. Plus, when I r...
Jacob Rogers
Home Possible Single Payment PMI
Hi BP Community!
I am submitting an offer on a duplex in my market as an owner occupant. I am looking to make a low down payment (3-5%) and so the obvious choice was FHA. However, I don't like the idea of paying PMI ...