Hi BP! We’re looking at a deal, the listed disclosure says there’s structural issues and after speaking to the neighbor they said that the “main support beam” was cut during a previous renovation. We haven’t had an e...
There is a property I am considering to purchase, (built in late 1800s), and after visiting the property today, the 3-flat house was visibly a little wavy (caved in / settled) on one side. (Imagine a deck of cards, be...
Hey everyone hope this reaches everybody well, I am under contract on my 1st property for 58000 it's a not a state investment.
However in the inspection report there's a sagging ceiling, A Crooked support beam in th...
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
If you were just starting out and had $150,000 to invest in real estate where would you begin? ( This is me! I would like to have at least $4000 a month in income by the end of the year.)
Does anyone have an recommendations for contractors in the Spokane area?
Will a standard home inspection work for BRRRR, or would a more intensive/thorough home inspection be necessary? If the home is distressed, I would assume that much of the interior finish is in poor condition anway (n...
I’m having my house in Minneapolis inspected for conversion to a rental and compliance with the Housing Maintenance Code. Does anyone know if there are specific things the inspector will tend to focus on? When I’ve ha...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $52,500
Sale price: $1,300
FULL gut and remodel. Major repairs are as follows:
-Cleaned ...