Hunter Bentz
How is the market in Kansas City, MO for BRRRR?
I am a new Real-Estate Investor and I am looking for my first investment using BRRRR. I'm in the process of educating myself and analyzing deals and living in Colorado Springs I don't have the most favorable local mar...
Shane C Tack
Managing your HELOC
I have a HELOC on my personal residence that I'm currently in the process of remodeling. I have good equity in the house so I pulled out a HELOC to help with the remodel expenses. Over the last year the interest rate ...
Arif K.
Thoughts on Homewood IL for a fix and flip deal
Is this a desirable location to flip a property? The property is available at $200K and approx $40K-50K for rehab. Some properties recently have sold for over $300K. I am thinking of a dual strategy, where I do a coup...
Jim Slack
Is this a deal?
Situation: Elderly couple facing foreclosure. Will sell me their property "at cost". Have about 50K in equity. Will be paying me rent (positive cash flow for me). Then when they are comfortable and get their fina...
George P.
#22 rental was purchased today
Actually it was last friday, Oct 30, but i have not had a chance to post it.the thrill of "having another closing" is gone by now. my wife didn't even know i had the closing, i just told her when i got home . she knew...
Dan NA
REO's - How Do You Know If Mechanicals Work If There's No Electricity?
Hi everyone,
I am going to preface this by saying I have never done a rehab before. Currently looking at a multi-family REO that needs a fair amount of work. The house has no electricity and/or heat turned on. I foun...
Jason Varney
50% rule: How much vacancy factored in?
Hi all,
When analyzing a deal quickly before going into the actual numbers, the 50% rule is a good starting point. My question is, how much of a vacancy factor is allocated in this 50%? 10%? More? How would y...
Andrew Davis
House Hacking... and does this bid seem high to anyone?
Hey BP Community,My wife and I purchased a home in March, and part of the reason we liked it was that it was zoned for Multi-Family. The garage is a nice size for a studio apartment, and there is plenty of demand for...
Michael Vallee
Best ways to break lease with tenants? (Inherited in transaction)
Would really appreciate any insights into how to or ways to break lease with tenants?
Here’s the scenario - buying a 4 plex in Tempe, AZ that was all rented out in Aug for 1 year on 3 units and 2 years on 1 Unit. At ...
Dustin S.
Asphalt vs Concrete for 7 unit Apartment Building
Hi All I am weighing the benefits replacing and old parking pad with Asphalt vs. Concrete. This is on a 7 unit apartment building that I am rehabbing in Boise Idaho. I intend to hold this property as a rental for at l...