Ryan Guthrie
Renovating a rental property
Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
J. Martin
Is 2.5% a good cap rate? "Gambling" on appreciation?
I recently saw a deal on a duplex in San Francisco in a prime neighborhood with a cap rate on existing rents of 2.5%. Rents a bit below market, but not crazy. Building in good condition. Great location. This number...
Aaron Van Curen
Best Flooring for Value-Add
Here's the quick layout...I have 8,800 sq ft of space that needs new flooring because I hate carpet. I haven't closed on the deal yet but this is something I will do right away. I am using a private lender for the dow...
David Spencer
500k in Shoreline, West Seattle, Or Rainier Valley
Hi There,I am looking to by my first house. I will likely live there for a few years, and then keep it as a rental property. At the moment my price range is around 500k. After checking out houses all over Seattle I've...
Charmaine M.
Closed 1st deal!!....here are the numbers.
Hey all, after months of stress and agitation finally closed on my first investment.Here are the numbers...what do you guys think?Single Family 2/1Asking- $290KPurchase -$250KAppraisal -$275KDP- 20% ....didn't want to...
Jennifer Clancy
My story
Hello! My name is Jennifer Clancy and this is my newbie story. My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it. We did not want to pay a mortg...
Daniel Raposo
One heck of a year!
Hey BP!!2014 has been a great year. I've been in construction since I was 2 (at least that's what my dad tells me) and have owned a 6 unit rental building since 2007 (I know that is true) but last year I decided I nee...
Nicole Goss
Best Direct Mail Service Providers?
Hello BP Community,
I'm researching my first direct mailing here in Northern Virginia. In addition to being a beginner investor I'm also a new real estate agent and want to send postcards to all the homes in my subdi...
Travis Lauchman
Sample Probate Letter to Executor
Hi All,
I have learned a TON from the BP community and am very thankful for the creators, moderators, and members that make this all possible. As a small token of my gratitude and first opportunity to contri...
Charles Trussell
Has anyone used Propelio and is it worth what you pay??
I have been thinking about using Propelio for running my comps. If you or someone you know has used them any feed back would be extremely helpful. I am trying to decide if the purchase price is worth it. Thanks in adv...