Rae Mac
Second/upper floor laundry room anxiety question
Hi folks,I have a upstairs/downstairs duplex, with laundry room on the second floor for the upstairs apt. The flooring is vinyl plank that is water resistant, not waterproof, with no floor drain or anything, and I lie...
Sam Abazari
PRE-QUALIFIED VS. PREAPPROVED: WHAT’S THE DIFFERENCE?
A very common question that we get asked as our clients get ready to buy a home, is what is the difference between pre-qualification and pre-approval? Are they the same? Is one better that the other?
The truth is the...
Riley McMinn
Recent Transition to 1099 and Can't Get a Refi!!! Any Advice??
Hi BP community - just looking for some advice or answers as this is a new road I'm going down and not sure if there are many alternatives for this situation. All my life, I've worked W2 jobs and as of two weeks ago, ...
Davit Gharibyan
Making an Offer on Older Multifamily
Hi fellow investors. I have a silly question. I have been shopping quite a bit older apartment buildings (60-70's). Many properties have outdated kitchens and bathrooms. The units are still functional but in serious n...
Austin Powell
How to properly analyze a potential BRRRR
Hey BP, anyone have any tips on how to accurately analyze a BRRRR? I will be using the BP calcs but want to understand everything going in and don't want to miss any info. Thanks in advance!
Roberto Borja
Do I trust this agent and do the deal?
Got a property under contract from an agent that is doing the property management. At first, he said everything was functional and livable. Then after going under contract he said they replaced water main from cast ir...
Joe Rodriguez
Federal Hill Providence
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Providence.
Purchase price: $320,000
Cash invested: $25,000
3 Family buy and hold deal in the Federal Hill area of Provide...
Jake Tilleson
Home Appraisal Disagreement
I had a property appraised in April of 2020 and then again in January 2021 to refinance. Between the two I converted the back half of the attached 4 car garage to a livable rec room/addition (approx 500 sq/ft) and had...
Jen Hoang
Should I replace the furnace and water heater?
I have my first property BRRRR deal, the furnace is old but in working condition and so is the water heater. The house also doesn't have AC. Would it affect the ARV greatly if I don't change these items?
Scott Hughes
Help with writing a non standard offer on a property
I have a question or two for those who write offers often.
Here's the scenario: I want to put in an offer on a 2/2 condo that is rent ready. The asking $ is 76K, however, I had my realtor comp it and it came back at ...