Mo Farraj
Help me Analyze 14 SFH Bundle - Seller Financing
Hi All,I was offered a 14 SFH bundle under seller financing (terms still to be discussed) in West Philly, and I would like everyones opinion on the financials. The cap rate sits at about an 8%. However the neighborho...
Gail W.
First brrr property becomes a lesson
I have just completed my first deal on a SFH. I own some land but have never had a house before. Here's the way the deal worked, I paid $30000 for a house that was supposed to be partly rehabbed. My budget was fo...
Jonny Morris
BRRRR with a HELOC advice ...best way to set up repayment plan?
Pen Fed vs US Bank HELOCShopping for HELOC’s I feel I have narrowed my focus from many, to a couple of options.With so many variables, I would love some feedback from people who have a HELOC.Pen Fed currently offer a ...
Justin R.
Issuing 1099s or K-1s
A couple years ago, I bought and re-positioned a small MFR property. I allowed two extended family members to participate and invest some capital in exchange for a minority share of the property. This was documented...
Joshua Tikal
Investing in NE Colorado
Hey BP investors!Have any of you invested in the smaller towns of NE Colorado? Fort Morgan, Brush, Sterling, etc. Properties are lower cost with lower gross income but cashflow is still possible. The great concern is ...
Alex Wilson
New member in Portland, OR
Hi, I joined BP a few weeks ago and lurked a bit and decided to start posting (or well, a post anyhow, I don't have any relevant advice to give so I won't likely be a prolific author here).In any case, I'm a 34 y/o e...
Robert Fisher
Cost of Cutting an Entry Door in Foundation Wall
Not sure if this is correct forum to post in so forgive me if I got it wrong.I'm looking at a property that is begging to be a duplex but lacks a separate entry into the basement that already has a kitchen ready and w...
Aries Li
What can property manager do for remote investors?
I am looking to buy investment properties in Indianapolis. Can property manager take over as soon as closing, such as getting the key from seller, cleaning the house, cosmetic repair, and rent it out? Is it too much?...
Peter Street
Basement Dig-Out in DC
I recently bought a semi-detached house in Crestwood and have been exploring converting the basement into a rental apartment. The space has a lot of potential -- it is ~900 SF and partially below-grade so there is go...
David Sanford
Adding AC to a house... cost?
I have a small single-story 1000 square-foot house that does not have air conditioning. It has baseboard heat but it would need window units for air-conditioning. The crawlspace is very open and would be easy to add d...