Bob Clement
Quick sell or subdivide?
I am semi-inheriting my father's house in Maine. My mother has agreed to sell me the house for $150,000.00 even though it is worth $285,000 with must do repairs completed. It is a 1950's ranch with 10 acres of land. I...
Hal Cranmer
Converted single family to duplex deal
I found a duplex on CL near a bunch of my other properties. The seller has dropped his price to $106K and says it does not need any repairs. The duplex is a converted SFH so the utilities are not split (landlord pay...
Wade Sikkink
R-22 AC units on insurance claim
We have a building with the AC units on the roof (14 of them). We are working on an insurance claim related to a hail storm that damaged the roof and the AC units.Our HVAC guy bid to replace the units with new R-410A...
James Crowder
How to figure ARV for triplex
I have been trying to break into landlording. I have been researching for a couple years now while working on my credit and now have reached a point financially that I beleive I can purchase my first rental.
I have...
Kevin Allen
Heat/air in extreme conditions
Has anyone ever had the air at a sfr go out mid summer or the heat mid winter. I’m not talking about a repair. I’m talking if it’s going to take a couple days to replace. What do you do? Bring in window units or p...
Denise Breheny
Should I buy a retirement home and rent it until my retirement?
I am now 3.5 years away from retirement and know where I want to retire. I found a new townhome development with affordable pricing on new build home. The HOA pays exterior and grounds maintenance, which I feel is a...
Samantha Ferber
Becoming a licensed agent or not?
Hello Bigger Pockets community, I am at a crossroads. I have almost completed my real estate license course and I'm wondering if having my license will delay my investing. In Oregon, for the first three years ...
Justin Baker
Garage Builder Companies?
Hey guys, we are looking at a property that needs a garage built as the one that was there was torn down awhile back. It is a detached garage, and will be VERY basic, probably just a one car garage. I was curious...
Suzanna Lam
Pre-foreclosure
Hello all,
I thought I'm gonna jump in and do my first pre-foreclosure just to test the water. I have access to a database that has all the pre-foreclosure. I read all the information contained in one pre-foreclose...
Justin Paul
Whats your opinon on this...deal or no deal?
Asking Price:$760,000
Actual
Scheduled Gross Income$140,704
Operating Expenses$63,773
Net Operating Income$76,931
Pre-Tax Cash Flow$44,197
No. Units:24
Building Size:17,800 SF
Price/Unit:$31,666.67
Property Type:Mul...