Caleb Anderson
To Garbage Disposal or to not Garbage Disposal
Hey BP community! I am replacing a broken garbage disposal from previous tenant, and I've heard simply uninstalling them can be a better option. Tenants may not care what goes into them and end up breaking them- know...
John Barnes
How to buy a portfolio without massive closing costs
Hi, we own 4 properties in Florida. Even for a $50-100,000 loan, closing costs here are still $5,000+.Trying to figure out how people acquire 50 to 100 rental properties without paying hundreds of thousands in closing...
Jordon McMullin
A Few Questions from a noober
How long does an inspection period usually last? is it a few days from when the contract is signed? or is the inspection period before the contract is signed?I want to do my first wholesale deal here soon, can I get s...
Mike A.
Selling the Future
Hello,
There is a piece of property in an Urban Area that has ground floor retail and 8 apartments, all vacant. I want to purchase the building and hold for two years....And build a condo development on the ground.......
Daniel Watts
Investing in Partnership w/o impacting personal debt to income
Hello BP,
I am currently under contract with 3 partners to purchase a cash flowing duplex. This is our first investment and we have been learning a lot as we go through getting financing. We have an LLC but the lende...
Brian Walters
Rehabb Financing
I'm considering the purchase of a home that has been gutted and ready for someone to take over and make it new again. I have experience in this type of work, and would like to do my first rehabb and sell. Are there ...
Trevor Ramos
Galvanized plumbing replacement
I found a great property that has old galvanized plumbing throughout the entire house which I am definitely prioritizing to replace immediately after closing. How much should I expect to replace it with PEX piping or ...
Paul Scammacca
is this a good investment?
SFR cplus area working class
160k ARV price 108 plus all closing costs so 115k. Needs mild to moderate updating
I ask given the COVID situation/rental situation/etc. Am I becoming gun shy as I will have to mortga...
Don Hines
Life is Funny
While out driving for $$$$, I discovered a flip I sold Last year in May is on the market. Checking the listing,he is asking $15k more than I sold it for; plus is using my staging pictures in the listing. We both owned...
Marco Morkous
Deal analysis? Let me know your thoughts
Second property under contract yet I stillHave the same fear. I figure that’s probably normal. The cash flow is there based on my calculations but it would help to get y’all’s thoughts too who have owned multiple prop...