Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Account Closed
Thoughts on Houston floods and the effects on area real estate
I have been watching the news coming out of Houston non stop and it is truly heart breaking to hear some of the stories. Obviously my thoughts and prayers go out to all the Houstonians suffering through this. I am sta...
Matt Leonard
Would you swap oil furnaces for propane or heat pump in Maine
Purchasing a 6 unit property in Maine (cold, snow), 3 separate buildings, that has separate oil furnaces for each unit. All of the furnaces are 20+ years old and the tanks are corroding. There is no natural gas in t...
Randy Dulac
Help me understand the extent of rehab required
I am looking at a 2 family that is close to me and is in a good area. I
want to BRRRR this property. It needs a lot of work. The home has
been vacant for 10 years, and has no heat. The was built around 1900. ...
Thomas Williamson
Auction.com / do it yourself foreclosure / need help with this
I've read a lot of the threads concerning Auction.com, and I've already e-mailed and called my real estate attorneys office for an answer to this, but I'm not sure when I'll hear back from the attorney. I thought ...
Ray Loveless
My Painter wants half down. What's the best way to cover my self?
I'm doing a small flip on a house 2 hours away in Utah. A fellow BP member gave me a referral of another flipper in the area. I called him about contractor suggestions and he mentioned that his son does painting and o...
Adam L.
still timid to buy first deal...how does this look?
Would love some feed back or thoughts on this.I'm looking at a private sale of a rental house. What do you think? I would need to purchase all in cash immediately and then re-finance later. $145k price, must be all ca...
Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
David Isham
considering adding ADU's - will this affect my current loan?
I live in a 3 unit building and I have discovered it is possible to add two ADUs (Accessory Dwelling Units) to my property in California. I currently have a $1MM loan @ 2.25% fixed for 30 years so this is a keeper for...
James Kandasamy
Tips to avoid too many low quality calls for "for Rent" Ad
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...