Justin Morris
Is this a great deal?
Deal break down,
3BR/1BA
1564 SQFT
Built 1930
Asking Price: 49k(can probably get them down to 46K)
Closing Costs: 1k
HOI+Taxes:$400 a month
Rehab Costs: 5K(basically paint, could upgrade appliances and carpet)
Tota...
Devin E.
Best way to figure out rental comps in my area
Can anyone tell me the best ways to figure what i should rent my place out for?
thank you
Robin Grimes
Allowing new tenants to use garage for storage prior to lease start.
I recently leased out a house to a very nice older couple. The lease start date was about 8 days away. The tenants old lease ends in 38 days. They were just being very proactive in finding a new home and allowing...
Bryce DeHaan
Real estate private money
I have a bunch of deals lined up but plan on borrowing down payment capital from a private money lender. The mortgage itself would be a regular bank conventional loan. My question is, how do I structure this for the p...
Carl B.
Flooring advice in Clayton
Hi BP! Hoping for a bit of advice. I want to convert the floors at my 2b/2.5b rental in Clayton to luxury vinyl planking. It currently has carpet everywhere with the exception of the bathrooms and kitchen (tile). A fe...
Christian Rozo
Sacramento Investing - Renting by Bedroom VS Unit
Happy Holidays everyone,
I'm looking to purchase a multifamily in Sacramento, live in one of the units, and rent out the rest, and would like to know if any investors rent out their multifamily properties by bedroom...
Michael Ndjondo makadi
What tool/strategy you use to quickly estimate repair cost?
To all flippers, wholesalers, fixer-upper in particular and investors in general. As I finally started my RE investment journey (BRRRR), I quickly stumbled upon to this very issue: how to quickly estimate repair cost ...
Lesster Maspoch
First Investment Property (not sure if its a good deal)
Hello,We have a deal that we're analyzing, since we are new to investing in real estate I was hoping that we can get some input from more seasoned investors as to whether this investment is a good deal or not.Property...
Richard Yerger
Getting out of bad debt
Today I read a great book. Some may know it "The Richest Man in Babylon." I am a store manager for a pizza place. I make a little more then 50k a year and I am always broke. So today I figured out my low and high of m...
Patrick Pan
Jury demand abusive in Chicago eviction cases
Hi,Most Chicago landlords probably heard of the jury demand tactic that tenants use to delay the eviction cases. I had one many years ago and luckily the rent was paid by the third party in the end. The case was dismi...