Jacob Beg
Is this a reasonable estimate?
Hi All-
Trying to get the house rent ready and this is what I have been quoted-Any thoughts whether this is reasonable for "Labor" only.
I would think that 1700 sq ft house can be painted by two people in 4 days. ...
Sean Payne
Newbie with 1st purchase in sight
I'm an active duty military member that is currently renting a 3bd/2ba for $1350 and have talked to the landlord about purchasing. Is willing to sell, just want to make sure I fully analyze deal without going into an...
David Mateer
Depreciable basis when converting residence to rental property
Hey everyone!Let me preface this post with the fact that I plan to talk with a CPA on all of this, but I like to be educated for conversations like this.
I purchased my house in 2012 for $185,000. I’ve been living in...
S. Byrd
Refinance Appraiser question
Hey Bp!
So I’m refi. My house hack duplex. And the bank sent an appraiser out as normal. So when he was doing his job, he had a few questions, that I answered to the best of my abilities. But he keeped asking about ...
Kayla Caruso
Values/formulas for computing deals
I'm very much looking to move into a SFR and rent out a room or space to help supplement the monthly costs. Ideally, I would be live-in flip in a neighborhood on the west side of Cleveland. Currently preapproved for 2...
Jay Cho
Would you buy a house with a lot of renovation done but no permit
Hello Alla house on sale now has done a lot of renovation including 3 new bathrooms and two new bedrooms, new kitchens, new electrical panel, new electrical baseboards and removed old oil radiators.The thing is he did...
Joshua Jarvis
After Acquisition - What's Next?
I'm 3 years into flipping and investing and loving every minute of how this business can stretch (and stress) you! I've had the blessing (and more recently a curse) of using GCs to do almost all rehab on my investmen...
Duane Dyson
First potential wholesale deal
I would like to start wholesaling to help with my down payment to expand my portfolio. I've been on BP reading articles and watching webinars on how to start but just haven't pulled the trigger on a deal yet. I was ...
Michael Cai
Need recommendation finding quality contractors for rehab
I just bought a property that needs a lot of work.. including: rear deck needs to be torn down and new one put in, section of band and sill at foundation needs replacement, all new siding needed for whole house, all f...
Kyle Jones
House Hacking tips and advice?
Hey BP,
Quick questions:
1) If you have house hacked, what was your DP and what process (fha, conventional, OPM, etc) did you use?
2) What were some unexpected barriers/obstacles you encountered along the way?