Brandon Eleazer
Contractor wants in on the deal
Hello BP community,
I was talking to my contractor about a property I am looking to purchase in Northwest Philly.
Purchase Price $35k
Repairs $30k
ARV $90k
He could be interested in pu...
Jimmy S.
tenant put hole in my floor, flooring discontinued
Well again I got another story and not sure how to handle this. Flooring is a couple years old and in very good to excellent shape before they moved in. They moved out and left a big chunk taken out of the vinyl floor...
Jacob Siefkes
Minneapolis Property Analysis - What Am I Doing Wrong?
Hi All,New investor here. I live in NYC and have decided to begin my real estate investment career in the Twin Cities. Having gone to school there, I’m fairly familiar with the area and believe there is great opport...
CB Browning
Cash flow calculations. Am I doing this correctly?
Hello everyone, I am new here, and am still trying to figure out whether investing in my area, southern New Jersey, is worth the trouble.Any help would be appreciated.My strategy is to acquire long term rentals on si...
Nick Belsky
Do Private Lenders Do Something Like This?
Hi all!First time starting a post on BP and new to REI. I have been researching Private Lending options and resources to use for BRRRR, but am hitting a walk on grasping loan structures that are feasible to a PL. I r...
Alvin Uy
Prefab homes vs traditional stick-built homes ( in Los Angeles )
I’ve started to build ground-up multi-units for myself and its been a painfully long to get to completion with all these new requirements. So I started looking for other options if I want to keep doing this. A new f...
Clay Asplundh
Thoughts on the 15% rule for short term rentals?
Hello all!Typically when I am analyzing STR deals my most efficient way to find out if a property will cash flow well or not I use the 15% rule. This is where the revenue for the property needs to be 15% or more of th...
Peter Lee
Lease valuation question
Anyone have opinions on what would be an appropriate discount rate to apply to a lease valuation?Subject lease is a new, 30 year lease for a 15,000 sf building with Walgreen's as a tenant.Comments appreciated.
Eddie Freeman
House flipping/ renting in alaska
Hey everyone! First post and very excited to be on the forums and post for the first time. I live in Ketchikan Alaska, the house prices are very high in this area, but there is the occasional deal. So my situation. I ...
Chip Marchand
Outlets Open Ground
Looking for some advice on a rental property I just purchased. The inspection report indicated that the electrical outlets were not grounded or “open ground.” In talking to an electrician it would cost $900 to complet...