Daren H.
First-Timer with Motivated Seller on the Hook, I think???
Hello fellow BPers! I had an out state property owner respond to my yellow post card marketing. He owns a duplex (2 bed, 1 bath units) in the DFW area that he wants to sell. He lives three states away. He purchased...
Bob Asad
Which is Better Cash on Cash or Appreciation?
If you have $100k to invest and put as a down payment, would you get 1-2 places that have a Cash on Cash (COC) of $500+ a month but no appreciation, or 1 place with a 5-8% appreciation each year but you break even or ...
Richard M.
Security deposit deductions
I'm preparing for my first unit turnover and am trying to determine what is reasonable to deduct from the security deposit.
There are some fairly deep scratches in the hardwood floor but unless I want mismatching ar...
Ivan Reyes
Short sale house has mold. Would you use to offer low.
The property I'm shortselling has mold on the walls in a couple of the bedrooms. Small house needs new roof. Is that a strategy you would use to get a rock bottom price from the lender?
Would you state that in your l...
David Jensen
When to begin REI Calculations from Primary Residence to Rental
Hello BP
Mira Gorlovsky
SEC 8 tenancy addendum
Hello BP,I have a SEC 8 tenant that resides in the unit for 6 years. This unit failed inspection this year due to tenant's damages to the property. Tenant said that she doesn't have money to repair. The lease will b...
Elenis Camargo
Purchase 4-plex as a co-borrower with my brother and FHA loan
Hi everyone. My husband and I currently own one SFH and just got an offer approved on our second one. We live in New York and invest in Florida where we are originally from. My brother, who lives in Florida, really wa...
Abdul Azeez
What am I doing wrong?
Hello - I saw a homepath property yesterday where they have completely redone the interiors, painted and have a full finished basement. The subject property is a 2 bed, 1.5 bath townhome. I ran the numbers but they do...
Liam Morris
Analyzing a Rental Property Deal
I'm still new, but trying to practice evaluating opportunities as I see them. Could you guys help me make sure my thought process is correct for the below opportunity? Tell me where the holes are.There is an opportu...
Mitchell J.
Looking to network with fellow Chicago investors
Hi all,
I've been reading BP for several years now, and wanted to use the winter months to continue to build my network. I have already connected with several BP members including @Brie Schmidt, @Henry Lazerow, and ...