I am rehabbing my first rental(buy & hold). It curr has Berber carpet - bit worn out. Looking at suggestions on whether to go with laminate or engineered hardwood. I don't want to spend extra for actual hardwood. ...
The one-piece fiberglass tub and surround in one of our rentals need to be replaced. The bottom of the tub is cracked and several repairs have failed to maintain it. I understand these one-piece units were installed b...
I've been watching a 4-Unit for some time now. 4 Units: 2br/2ba (770 Sq Ft Ea)Price: $250,000 (MLS)Current Rents: $700 EachTaxes: $5600Property is 21 Years Old (Original Owner)Been on market ~450 days, started at $315...
Hello Friends,I have a property in 92127 area (Del Sur) where i currently leave and its has Mello Roos (MR)and high HOA even though its a new construction. I was wondering to rent my current one out and buy another on...
Looking to invest out of state and Milwaukee has caught my eye. Does anyone in the BP Family invest in Milwaukee? Pros and Cons?I’m trying to find a seasoned investor/PM/contractor/mentor in the area to guide me in th...
I own a house completely paid off and I wanna use the equity to fund my next property. I’m not sure whether to use a HELOC, home equity loan, or a cash out refinance. I thought a HELOC would be the best path but I wa...
So our elderly couple (65-70 range) tenants who work as caregivers for a senior living facility installed washer and dryer in the unit without consulting us. They said they didn’t want to contract covid19 at a laundro...
I am looking into buying a Freddie Mac home that has been on the market for about 100 days.I would be a first time home owner. They were originally asking 41,000 for the home and then it dropped down to 30,000. The ho...
Hello, I have been following bigger pockets for several months now. I live in Huntsville, Alabama where I also invest. I have done a few investments over several years, but I would like to become a buy-and-hold inve...
BP,
How would you recommend putting together a fair offer? Check out the below example:Value = NOI / Cap Rate2019Value = $35,350/ 8.40%Value - $35,350/ 0.0840Value = $420,833.33Is this a correct way to analyze the ...