Steven Thomas
What do you pay for ongoing maintenance?
Hi everyone! I'm doing some research for an upcoming venture, so I've got some questions for you pertaining to maintenance on buy and hold and cash flow properties. Understanding of course that some of the answers wil...
Clancy Catelli
Build rentals or other?
Hey BP, I need some advice from someone/someones that have been in my situation. Im having a hard time pulling the trigger getting into rentals in my area (olympic peninsula in Washington State). Im 25 years old and h...
Stephen Dispensa
Solution to this Market: Don't Look for Deals. Make Them
Last week I walked into a potential single-family investment for a client of mine in St Petersburg. It was a smaller home, 875 square feet, 2 bedrooms, 1 bath. Recently remodeled. The seller was asking $329k for it. I...
Chuck Payette
Regular lender can’t help me HOA concern
I am preapproved but the condo I am buying HOA docs won’t meet Fannie may requirements. Looking for alternate lender. Good credit/down payment and a cash flow positive property in MN
Deyu Wang
Does fixing the foundation raise the ARV?
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
Joshua Buchanan
2nd Rental Property Purchase
Investment Info:
Single-family residence buy & hold investment in Colorado Springs.
Purchase price: $190,000
Cash invested: $20,000
This home is a 3 bedroom, 1Bath, and one car garage single fami...
Andrew Carlson
4plex population 150
I found an off market 4 plex built in 1920 or so. The guy wants $100,000 for it. He is willing to do seller financing. Two of the units are rented at $550/month. Those should be bumped to $600. The other two units are...
Joe Rohne
Class Beach House Vacation Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $426,000
Cash invested: $90,000
2 bed 2 bath short term vacation rental 2 blocks to the beach
What made yo...
Caleb Smith
Debt Service Coverage Ratio Loans
On the last step of the BRRRR process, I am wanting to use a loan to refinance the property and pay back the hard money lender.
However, the lender I spoke with said it would be hard for me to qualify based on my pas...
Zach Shrader
What documents to ask for before buying property
Hello all, I'm looking at an 11 unit multi family in the Ohio area. 9 units are 2 bed 1-1/2 bath and 2 units are 2 bed 1 bath.
I know there's some obvious things I need to ask for like the rents and stuff. But sh...