BP, in driving around yesterday, I found an FSBO property. In contacting the owners, I've learned they're wanting to sell as they've retired and moving out-of-state. It's a 4BR, 1 1/2B, LR, Eat-in kitchen, converted g...
We are at a house previewing it, and we notice warping hard wood floors. It'a pretty bad and it looks like waves. There is a crawl space below. What could be the problem? Any insights? The rest of the house looks rea...
I am looking for insight to better understand how much is the right amount of repair. My last deal I did I went way overboard with plumbing the whole house...I went to see a house today that (NW Houston near Tomball ...
We recently unexpectedly sold a property to Open Door and wanted to share the experience. We got a call from a seller that needed to sell her house very quickly. She wouldn't tell us exactly why but she was willing to...
I have a Section 8 renter and my current mgmt company emailed me that the Dept of Housing is asking if I plan to increase the rent. I wanted to find out how well the tenants are taking care of the place before I d...
Hey everyone ! So I'm a 20 year old newbie.
I've been working a full time job for about 6 months now. I've been thinking that my first step into real estate will be through the FHA loan by acquiring a MFH. I also ju...
When evaluating multifamily properties, a grading system is used to classify different assets. Just like a report card, multifamily assets get a letter grade, ranging from an A to a D.
Class A Multifamily Assets 💵
L...
Hello BP community :)Ran into a little issue tonight - found that when I "fixed" my fridge's drain pan to stop my freezer from forming huge ice sheets at the bottom of the fridge, I caused some kind of leak. 24 hours ...
I am rehabbing a house with pet urine stains throughout the upstairs subfloor. I was hoping that all I need to do is cover the plywood with Kiltz and call it a day. Before i do that though I wanted advice on whether...
I’m looking at buying a LTR. When determining the net income, I simply multiply gross rents by an expense ratio to determine the net income. My question is, what do experienced LTR investors use for the expense rati...