Colin Carey
Best Rehab Estimate Techniques
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Madhur Mehta
Should I sell my +ve Cash flow investment property
Hello everyone, I have been grappling with the below question for the last few weeks.We have a condo in downtown Chicago that we bought for $150k 10 years ago which generates ~$900 per month on Cash flow. The CoC is g...
Ryan Holtz
What Real Estate Markets Should I Invest In As A First Time Investor?
I am having a hard time finding anything that cash flows with a down payment from 20% - 35%. Should I be expecting to place a down payment of 40% or more? I am looking for a growing market with lots of appreciation va...
Sean Mills
Seeking Advice on Rehabbing a Long Island Duplex: Costs, Contractors, and Mentorship!
Hello BiggerPockets Community!
I'm new here and looking to get into house hacking by rehabbing a duplex. The duplexes in the area of Long Island I'm looking at cost around $700-800k. I'm trying to figure out what ren...
Steve Rozenberg
Who Benefits Most from the Length of The Lease?
Is a Lease Term Longer than One Year Really Beneficial?
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Angelo Behar
Underwriter won't allow me to be reimbursed
House has termites and electrical problems. Seller doesn't have money to rectify both problems. Seller agrees to repay me. An addendum is signed by both parties. Underwriter has this addendum which states, at closing,...
Chris Davis
Multifamily Agency Lending in the time of COVID
This is my day job, and it's been both horrifying and interesting watching our healthy capital markets gradually deteriorate into a Michael Lewis financial disaster book. Thought it might be interesting to share war ...
Robert Frazier
What I've learned in re-development---your team matters.
It's a banner week for our fledgling development business. After 3.5 years we have permits for a 17 unit redevelopment project.We had hopes that we would break ground within a year of buying the property....that fell...
Sharron Morrow
Dishwashers in rentals
This is my first rehab and gutted the kitchen. Thought about not putting in a dishwasher. Your thoughts?