I'm remodeling a couple of older houses in the same neighborhood with the intention of cash-out refinancing them in the upcoming weeks. They're both the exact same type and layout of house, however one had the existin...
I've been having some mysterious water issues and my carpet got flooded in the dead of winter the other day. It seemed very strange because I did a test with a pressure gauge and there was no plumbing leak, and the gr...
We recently purchased a 12 unit property with no vacancies. We have good tenants as far as I can tell except one. We have a hoarder. Three of the tenants have a lease and we're getting the others under contract. The o...
I currently have no salary to show mortgage companies cash flow to get a mortgage approved. I don't want to have to spend $250k cash on a house to use as a short term rental because I want to have multiple projects ru...
Hello BP, I am new here. I am in Las Vegas and I would love some experience on how to choose a neighborhood to flip homes.I am very tempted to begin in the neighborhood I grew up in because it has gone downhill over t...
Just wanted to get some opinions from the pros..I've been watching the stock market(probably my first mistake..lol) and every time it drops I get more of an urge to click that buy button. Since the real estate market ...
I'm getting close to having the first 8 units of my 20 unit rehab ready for paint! I really would like some input from fellow BP'rs on this subject. Here are my thoughts....
Initially I was going satin or eggshell on ...
BP members, I am looking for some advice on a significant real estate shift that I am looking to undertake. Presently I have 2 SFH overseas that have cap rates of 6.5-7%. They are new homes built in 2007 that have...
My husband and I are about to close on our first rental property in Lehi, Utah! We decided to honor the current lease, which is up June 2018, and now we are trying to figure out what to do next. We are out of state an...
How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...