Christian Decker
In Search of Contractors
Hello! I am in the process of purchasing my first rental in North Seattle. It is a 6 unit multifamily house that was built in the 80's and needs some serious work, likely needing a full siding replacement along with m...
Account Closed
Putting a Deal Together
ADVICE ON THIS DEAL ANYONE??Hello! I am a new member from Indiana. After my Divorce some years ago, I rented a unit in a 4/5 unit apartment building that was built in 1935 by the owners Grandfather. The owners, a wo...
Jonathan Rosario
Central California (Fresno)
Hello!I'm about to finish my residency in central California and will have a increase in my income. However, I still have a large amount of debt from my training to deal with and am looking for strategies regarding re...
Aaron Litzenberg
Cold Weather Flipping
Hello, BP! For those of you who flip in cold weather areas, I'm wondering if you strategize around the winter months.It's been my experience when buying/selling primary residences that the winter months tend to have ...
Andrew Coulter
“Turnkey” loosely used?
Hi All! I have been geeked out over the last couple months trying to learn what I can to get started. I have decided OOS Turnkey Providers would suit me best. One thing I keep running into is how loosely the Turnkey d...
Saran Mandhadapu
RE Investing - Is owning rental property worth the headache???
Hello -- I am just putting an answer I found in Quora.com for the benefit of biggerpockets members. Someone asked a question "Real Estate Investing: Is owning a rental property worth the headache?" and someone replied...
John Chapman
Insurance for older apartment buildings
I'm having trouble getting insurance for a 31 unit apartment building I have an offer on. It was built in 1971 and has only had minimal updates since then. The only quote I have so far is about 10% of rents-- $20,0...
Frank Gamez
Price per square foot rehab method in Houston
Hey all. I'm trying to systematize my analysis/due diligence process for flip properties. I'm wanting to speed up my rehab estimation portion of the analysis but don't really know what are good baseline numbers for th...
Nathan Gasti
First out of state property
I am going to buy my first buy and hold property. I am going to buy in Memphis. I have already looked up comps and have done a cash flow analysis on the property and everything to this point looks good. The property i...
Tony Hernandez
Income vs Equity
I got a call from a seller. Here are the numbers.ARV: $270kRepairs: Paint & carpet. Year built is 1999 and has new roof and fence.Rental income: $1900 monthly (is average for market)Monthly Expenses: $496 for prop...