Hi guys,I have to admit, I have very limited knowledge about rehabbing, or even DIY housework. I've never been a homeowner before so I never had to do any maintenance, or check houses, or discuss with contractors. The...
If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)
Does anyone add units to their properties, like basement apartments?
Hi All,
I have a 2/2 SFH rental in Santa Barbara. Its about 8 blocks from State street, and my wife and I decided to develop the lot. We have approved and pulled permits to add a bedroom to the original house maki...
Hello My name is Jose, I am a 20 year old that lives in LA who has a small construction/handyman business. I am currently working with my father in this business and he has over 20 years experience in construction, in...
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Hey BP people, how often do you use project managers for your flips? I'm not talking a general contractor I'm talking someone who is in charge of making sure things are getting done.If you do use a project manager how...
Dear BP community,I am looking into new constructions in Memphis, TN 38127. It's not an area I am very familiar with. I would like to seek feedback if anyone invests here or knows about the area.Thank you!
***SOS*** Hey everyone, I submitted an offer on a buy and hold, and just found out the rents are lower than what I ran the numbers with. Is $90 / month still a decent cash flow? Rents for $890 - $950
This is my first...
Looking to begin a new development on an 8 unit complex in the city of Los Angeles. I am seeking out experienced builders to educate me on what is needed to get plans approved and start construction.
The following i...
Hi there, I recently acquired a hard money loan at 6% for a project, 3 months for construction, 3 months of interest only. I thought that was negotiated well but I'd love to hear from others - What are the going rates...