Dan Short
Bathtub Sloping Issues
Hi Chicago Investors,I'm fixing up my Lincoln Square 3-flat and noticed a sloping issue today with all of my bath tubs. Has anyone run into this before or have any tips how to fix?All 3 bathtubs are older and are pool...
William Simmons
Extra acres in mhp
Howdy folks, just wanted to know, do u guys give any value to extra acres when buying a mhp property. I'm looking at one now that has 20 unused acres, though it's nice, it has no real value to me and my offer. The 20...
Richard Donofrio
Buying my first rental property.
I am currently trying to get my feet wet with my first rental property, I have have looked at over 20 properties in the Denver, NC area. My budget is no more then 130k, I keep running my numbers for my profit margin, ...
Marco Campos
Analyze my first Apartment Building deal
Looking for feedback on the possible deal below.This property is in a B to B+ Neighborhood.13 Unit $490,000 (loan would be 5.5%, 10 Yr, 25 Yr amortization w/20% down)9- 2 Bdr and 4 1-Bdr (2 bd apts range from $700-750...
Thomas Oakes
PNL report for apartment complex
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
Michael Hill
Introduction
Hello!New to the forum. I have been devouring the Bigger Pockets podcasts for about 3 months now. I am a very "newbie" when it comes to real estate investing. The prospects have me salivating and I cannot get enough o...
Shakeb Syed
Hold or sell a house in La Porte, TX?
Hi BP,Real estate and BP newbie here. I have a house in La Porte, TX (inherited) that I am trying to figure out what to do. I ran the numbers using the BP buy and hold calculator and the numbers are not pretty (showin...
Nathaniel Hovsepian
When is it good to take a loss?
I have recently come to the conclusion that I need to sell a property that is too much work for me at the moment for a loss. I purchased the home for $26k and put another $6k into it.I took the drywall off to replace ...
Laura Granelli
ROI Low- getting cold feet
Hello all,
I’m new here but have been listening to podcasts for a while. Husband and I have been looking for an investment property to rent. We recently found a very small house and offered in haste. We ran the number...
Clint Looper
Turning around a Mobile Home park.
So I just got a mobile home park under contract. The agreement is well below the advertised sale price and puts the park at a 10 cap.
The park is only at a 30% occupancy rate and the owner isn't running it well and ...