Alex Silang
Renovation/furnishing costs of an STR
So I've heard this can run you a lot - around $30,000 for the average sized home of $400,000 in the area I'm looking at. So that means if my downpayment is $80,000, $30,000 is really going to affect things:1) Capital ...
Bob Johnson
Anyone with an ADU (Accessory Dwelling Unit) build experience?
I have a chance to buy in (via TIC) to what is basicly a 10' x 24' shed at an advantageous price that I've been given the verbal ok from SF Planning that would work for an ADU. I'd have to run sewer and all utilities...
Nick Brubaker
Tenant threatening to take me to court over deposit. What to do?
TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
Joseph St. Clair
Financing Mixed Use Multifamily Installment Purchase
Hi BP,I have found a fairly good opportunity and turnkey rental being sold by landlords looking to retire. The only problem is I am having trouble financing it. The overall cost is $75k and it is bringing in $1550 mon...
Chad Messimer
First time flipping a house
Hey everyone,
My wife and I are looking into flipping houses . She just became a realtor and we think that we could make some money on the side flipping house.
My question is, for a first time flip should we flip a...
Alex Popescu
Man hours estimate for gut job
I’m working on flipping a 1500 bungalow with a fully finished basement and was wondering how many man hours it would take to gut the place?
I want to open up a kitchen, gut two bathrooms, get rid of a 35” x 35” close...
Joe Cicero
Closing Cost - Property Taxes
Hi all,I am closing on my first investment property - a 3 unit in upstate NY. Reviewing closing cost details, I'm not following why I am paying 11 months of property taxes upfront AND as a monthly escrow payment (alo...
Peter Korthy
Landlord controlled thermostats
Hi all,First time posting here at PB- listening to the podcasts a while now so glad to be actually participating.I own a 4 unit multi-family in the north east and was crushed this year by heating costs. This was our f...
Ken Nyczaj
First flip- buyers inspection
Hi everyone,My first flip is under contract in Maryland. We have been marketing for homes in between Baltimore and Annapolis and bought this property in May and we can see the lights at the end of the tunnel!But, the ...
Benjamin Spaulding
Buying my first property
Hello friends! I will get right down to it. I plan on purchasing my first rental property by the end of Q1 2019. I am looking in the Rochester/Buffalo NY area, and have found some properties with some promise. I have ...