Ted Jackson
First rental property purchase!!!
So here's the numbers:appraised value: $40,000purchase price: $27,000monthly rent: $550, (could have gotten $600, rookie mistake)rehab cost: less than $1,000dimensions: 2BR, 2Ba, Approx. 1,000 sq feetThe unit is alrea...
Rocky Verteramo
Direct mail marketing
Hi Everyone! I am new to investing. I currently only own 1 rental and just purcahsed my first fix and flip with a partner, so we will see how that goes. I live in a college town, student / football weekend rentals are...
John Bastardo
Financing options for 3rd rental property in California
Hi EveryoneMy name is John and I just joined BP today and have spent the day reading some very informative posts. My situation is this, and I would appreciate any suggestions. I grew up in Ca. I was self employed an...
Jeff Amore
Rental Portfolio Deal Analysis Question
Generally speaking, would buy and hold investors consider a purchase of a portfolio of rental properties, 90% occupied, for 85% ARV if that 85% resulted in acceptable cashflow (say $15,000/month) and over $2 million i...
Aaron Liu
Modern Kitchen Must Haves
Kitchen is a place that must have all the necessary equipments that makes your day to day life easy. It is the place where you spend the weekend time and after office times and it must be decorated and made in a very ...
John D.
Bathroom remodel tips for moderate income rental property?
I'm looking for material that will stand the test of renters who may or may not care about the property. I'm looking for durability and ease of access for repairs. I would like the materials to look nice but not costl...
Julie Verardi
Waterproof basement to still look great and be cost efficient!
I have a basement in Jersey City that is a great space. Every so often water gets in. 1 time it was seepage from the floor and a french drain solved that in one section. It's been fine for 4 years and now water has fo...
Nicholas Knaebel
Use a Heloc to invest?
Hey everyone! I am looking to use the equity I bought up in my personal residence to fund a house flip. I have roughly $161k in equity and more in liquid assets. I am thinking HELOC, as I can pay off and then re-use t...
Jared Smith
Home Warranties on 15 year old SFH's
Do you recommend getting a home warranty? 14 months for $420 and covers HVAC/Appliances etc. $75 per service call. Thoughts? 1433 sq ft already fixed the AC but the frig is on the way out.
Eric Doe
How to Calculate taxes
We successfully flipped a house and had it for 2 years. How do we determine how much money to put aside for taxes?