Scott Garvin
Help Analyzing a property
Hi everyone... I'm a newbie that is getting his feet wet analyzing properties. I found one on the MLS and ran number against it and wanted to know if I am doing it correctly or if anyone has pointers,Here is the run...
Ginger Spurlin
Listed as a 4-3 but really a 3-2
Is the seller/agent accountable if they list a property as a 4-3 but the renovation/addition of the fourth bed and third bath was not permitted work, therefor, it is still a 3-2 in the tax records and the appraiser d...
Juan Carlos Castillo
Meeting a wholesaler
Questions for wholesalers,I'm looking at buying my first property from a wholesaler and asked her if she would like to meet up and discuss seeing as it's my first property and I have lots of questions.She immediately ...
Jordan Fujan
DSCR loans BRRR
I've currently been shopping around banks for a DSCR loan on a BRRR. I've now had 4 banks get back and say they only offer up to 25 year amortization and 5 year rate terms. They can do around %8 on the loan. When i fi...
Jason Na
If I can't househack, what would be my next best option as a first time investor?
My family of 3 have recently moved to Atlanta area from SC. I started looking for my first property investment and can't believe the amount of information I'm getting in here!I purchased a SFH for our own family here ...
Dustin Beam
Banker made a mistake, not liking the results
So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
Kevin Lefeuvre
Airbnb guest throws 'New Year's banger' party, trashes the house
"A New Year’s banger at an Ohio Airbnb, meant to be the party to kick off 2018, turned into a nightmare when the host lost control and police officers from five departments were forced to shut down the celebration whi...
William Donaldson
First Potential Investment Property!
I currently live in a college town that was hit pretty hard by speculation and foreclosures. The property I am looking at sold for $125-140k back in '07. The complex is around six years old and in good condition. ...
Megan Dettenmaier
Contractor has tools stolen...my job to replace?
New investor here - my contractor informed me yesterday that my house he's rehabbing was vandalized. They took many tools that totals approx. 10K. He's asking me to contact my insurance to make a claim, however this w...
Aaron Ingram
Quote Architectural Drawings
BP Community,
I have a quote for $7500 for architectural drawings on a rehab we are doing. It's a 1300 sq ft house, we are enclosing the garage and we are also doing a drawing to add a carpoint aside the house. Wonde...