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I recently bought a house, constructed completed in 2019, sellers listed the home in November of 2019 after living in it for approximately 6 months. The house utilizes a mound septic and well system as it is located ...
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...
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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?
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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...
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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...
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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...
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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!
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***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...
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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...
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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...