Ben M.
Property manager eviction charges
I am looking at property management contracts and was wondering if $40 per hour is reasonable for time spent in legal matters such as evictions?
Thank you.
Ray Brown
$6500 to paint 1400 sq ft house in Raleigh, NC?
Just curious is this a fair estimate? High? Blowing smoke (no way it can be done for this price)?Remove the popcorn ceiling, patch, prime, and paint white. All trim, base, and doors we will prep, prime, and paint wh...
Zee Ayezain
Solar Panels PPA on a 3 unit multi-family rental property?
Hi BP,
I own a 3 unit property in DC with each unit metered separately. One of the units is currently rented and the other 2 are vacant. Im thinking about installing solar panels on the roof. Since they are rental...
Karen Margrave
REHAB COST VS. VALUE ADDED
Here's a link for Cost vs Value from Remodeling Magazine, thought some of you might be able to use it for general purposes.
http://www.remodeling.hw.net/remodeling-market-data/about-the-report.aspx/
Kelly Byrd
Counter offer with credit at closing?
So lets say I offer $200K on a property listed for $200K. The seller countered with $220K as the price, but with a $20K credit to me at closing, along with a few other changes to my offer. There must be a reason this ...
Gordon F.
Guidance on first rental property
Hi BP.I'd like to buy my first rental property as soon as I find something that makes cents. I wanted to get some second opinions from you all to see if my logic is sound...I'm looking at the greater Phoenix and surro...
Nelson Taylor
General House Building Costs Around Rhode Island
I am considering buying a wholesale triplex property on a large lot in Pawtucket, RI. House after renovation isn’t the best BRRRR candidate and would cash flow at $100/door (not enough for my general parameters). The...
Kenneth LaVoie
Actual return on investment various pre payment strategies
I know conventional wisdom says "if you pre pay a mortgage, your ROI is whatever the interest rate on the mortgage is". but I KNOW there was an article here that I've since lost track of that showed it's NOT the case....
Chris Harper
Giving Title information w no commitment
Has anyone ever disclosed closing costs to an end buyer who has not signed your assignment contract, or put down a deposit with the title company? I make the buyer pay all closing costs, and I had a buyer tell me t...
Derek T.
Need Help on Budget
Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...