Jonathan Fuchs
How does leveraging (refinancing) work in practice?
Hello BP,My wife and I own one rental income property (outright, San Diego) and are looking to invest in a second or more (Houston area) to increase cash flow. I have been reading the forum posts on the debate between...
Bradley Raynor
Do Investors Buy/Sell SFR using cap rates or comps?
Hi all,I was curious on everybody's perspective whether buying or selling single family rentals use a Cap Rate valuation, or a more traditional $/sqft with comps. On on hand it seems $/sqft makes sense, but if it's s...
MarieChele Porter
Inspection findings questions
Hi all,
So I am in contract with a property that is a flipped property and was built in 1917. The home and pest inspection were done on Wednesday, and Friday the plumbing inspection was done. Only problem is that onl...
Doug Stern
Travelling Nurses & Oil and Gas STR marketing / managing
I have a 4-unit property (all 2 BR, 1 BA), that I'll rent by the room. I'm catering primarily to Oil & Gas contractors (pipe-fitters, electricians, etc.), then to traveling nurses. Are there others that you'd re...
Joe A.
Contractor Problem
Hello-I hired a contractor to rehab 4 bathrooms in a SFH (my primary residence). The work is about 70% complete but for the last 2 months the contractor has stopped showing up. Maybe once a week if we are lucky. Al...
Perez Fernando
Analyzing commercial properties
Does anyone have any work sheets for analyzing commercial properties?
Jerome C Brown
questions about funding
hey guys im in another pickle so i have some really good people trying to invest in one of my projects and i dont want to mess this up I have they are asking for a document from me to explain where the funds will go l...
Robert Livero
SUBJECT TO VS LEASE OPTION
HI ALL,
A FRIEND OF MINE HAS A PROPERTY THAT IS A BILEVEL THAT THE OWNER WANTS TO TO GIVE ME THE PROPERTY SUBJECT TO THE LOAN ( I'LLTAKE IT OVER), FOR 272K , PAYMENT IS 2017.94 PITI (RENTS IN THE AREA ARE AROUND 1500...
Dennis F.
Pseudo-inheriting a residential property with minimal experience.
Hello all,I have recently been given the responsibility of managing a 6 unit residential property in Brooklyn, NY. Without going into details, it belongs to and has been managed by a family member, but do to health is...
Todd Lastname
Purchasing an abandoned house
I found a property that I like (purchased to rent or possibly live in). It is being foreclosed on and will be auctioned at the local courthouse. I purchased a title report and have been combing through the county reco...