Kelvin Lee
How to cope with the high interest rate?
After enjoying 3.4% interest rate over the last five years, I'm now confronted with the challenge of managing a 6% interest rate in the coming year. This is a source of significant concern for me. Moreover, the rate o...
Sun Kim
rental with non-functional pool
I am buying a primary residence, and in 2 or 3 years, converting to a rental. The current owner bought the house with a pool and has not used it in 20 years. The cost of the repair is$27K and don't want a pool eithe...
Layne T.
Remodeling and Effect on ARV/Refi Afterwards
Curious what people are seeing these days in terms of dollar for dollar return on a-renovating kitchens and bathroomsb-renovating kitchens and bathrooms and also all electrical/plumbingHave you found that you raise th...
Account Closed
Estimating Rehab Costs On BP Calculator
Hello all,I've been using the BP Rental Calculator to analyze some different deals, but one part of the equation that I always feel as if I'm speculating too heavily on is the ARV and Estimated Repair Costs. I've been...
Neil Stern
Brooklyn NY - all advice is appreciated!
Hi, any advice would be much appreciated!!!I am looking at a multi family (3 unit) deal in East Flatbush, Brooklyn NY - Based on my research with brokers, I believe i can get the property to an NOI of 35k. 1- Based on...
Abhi Patel
CPA - Tax Consultant Recommendation
Hi All- This is my first year in real estate investing and i have bought 4 properties this year spending roughly 30-40K in each of the properties for rehab. Can anyone please suggest me if i can offset that spending a...
Martha Blumel
Condo purchase analysis input please
I had someone call me over a week ago (very motivated) needs to sell her deceased grandmother's condo. It's 55+ Approx ARV is $55k. There is a pending in the $70s across the street, same development. Only it is an al...
Paul Palo
Can you help me analyze this duplex in Stockton - CA?
B Area with rents currently at $1900 but comps in the area show that they can be increased to $2,600 -$2,800.In addition, how can put an accurate assumption for insurance?Stockton Deal
Hayden Wyker
Am I doing this right?
Hey Team, I've got a quick question.. could use some help from the hive mind. I'm very early on my journey, I've got my personal finances in order and I'm smashing saving. I want to get into the market, but I can't be...
Ryan O.
Deal Structure with Partner
I have a partner willing to fund the purchase price and half the rehab/holding costs of a fix and flip. Is a shared appreciation mortgage the best way to protect his interest and make sure I'm not stuck with all the ...