Recently I've seen a massive increase of homeowners rolling up their sleeves and taking on DIY projects either on their primary homes or on their rental properties. Maybe money is tight, maybe it is the summer and peo...
I live and own one side of a duplex and intend to move and keep it as rental property when it is paid off. The back section of the roof is shared with no division, just one continuous roof. Over a year ago, I notice...
I'm finding a lot of deals on mobile homes in my area, Spartanburg, SC, but I can't find a local bank who will offer refinancing to an investor on mobile homes. My current goal is to use my HELOC to pay cash and fix...
Hey guys!Long time lurker, first time poster!I live in Ventura, Ca and the market is through the roof like most other markets. The rent i currently pay is WAY more than id like to and i would like to get started on my...
Hi BP people!My name's Jonathan, and I'm a father of 3 kids (6, 4, 2) with 1 more due this October. Yes, they're cute (and of course, I'm biased :) ):I'm also a co-owner in a design/web/strategy business that's been ...
My 45th day is coming up. What happens if I can't close on any of the 3 identified properties ?With a hot real estate market and multiple offers on properties, can I change properties if I'm outbid on initial 3 proper...
Typically do you buy fixer uppers, or houses that are done and ready to rent? I can find nIce 2-3 bedroom houses in my area for around $50-70K. I can find foreclosures for various prices. For example I found one for ...
I am having the hardest time deciding how to determine this number. I have read many different options but all seem to have their pitfalls.
The first one was simply taking your NOI/Cap rate. However, I'm not payin...
Good Morning BP Universe,
Yesterday I came across a property on my local (Cincinnati) REIA website. The seller said in order to walkthrough the property, I had to have "Proof of funds". So I called around to a few Ha...
I bought my house 11 months ago in June, in August when we started to get rain, I noticed that the skylights were leaking, both of them and it wasn't a small leak. The original disclosure from the owner's stated that ...