Carl C.
Student rental purchase in the Hudson Valley, NY
Since I see such detailed posts on deal I thought I'd share my first. My partner and I bought a 4 bedroom SFH in October 2013 for $145,000 with conventional financing, 25% down. It was a FSBO deal from the estate of t...
Rob C.
How to choose what to repair from inspection report
I know that a lot of investors don't bother to repair a lot of the problems found in an inspection report. But how do you choose what to address and what not to? When I talk with the inspectors, naturally they tend to...
Drew Castleberry
Anyone use a FHA 203(k) rehab loan?
I'm looking at buying a property to house hack that needs an extensive rehab. I'm looking into using the 203k program so I don't have to pull the rehab funds out of my savings. Plus I plan on doing a good bit of the w...
Aviv Peretz
Short term rental - How to pay to un unlicensed subcontractor
Hello everyone! I own 3 properties together with my parthner (LLC) in Joshua tree CA . On a weekly basis we pay to the cleaning crew (Zelle) and some other vendor and subcontractor without a lic to fix or improve out...
Jacob Matlock
First deal anxiety (its a 100 year old fourplex)
Hello, this will be my first deal, needless to say there is quite a bit of anxiety with it. Any insight, opinions, or help would be greatly appreciated. Im 25 years old, i have a good paying job, i have a 2 year old d...
Todd English
Main water line to house is broken
Good morning BP! So, we're working on a rehab HUD foreclosure in Duluth, MN. We've recently closed and discovered the water main from the street to the house is broken and needs repair/replacing. Anyone tackled thi...
Patrick Aime
Leasehold property in Hawaii
Hi guys,I am new to this forum, and wanted to see if anyone ever bought a leasehold property in Hawaii?Any success story?What should i watch out for?Thank you!Patrick
Kollin Ruiz
Purchasing very old homes in Milwaukee: Good or Bad Idea?
Hi all,
I am wondering if I can receive some advice from experienced investors when it comes to purchasing older homes in the Milwaukee area. Obviously, there are a lot of homes in Milwaukee that are very old. Howeve...
Gilbert Lugo
Making an offer without see the property
I know a lot of you veteran investors have been doing it for a while but just want your 2cents on making an offer without actually walking though the property first. The background to my question come from the fact th...
Michael D.
Repair and maintenance budget on old property?
How would you guys calculate an expected number for ongoing repairs and maintenance on an old, lower-income type property?
Specifically, I'm looking at a 9-unit building that is about 100 years old and has gross inco...