My rental portfolio has grown to the point where self-managing has become a major time commitment. I am considering hiring a full-time employee to assist with managing so I have more time to raise capital and evaluate...
I typically buy houses worth 110-140K for 65-80K (cash) and then spend 8-15K on rehab before renting the out for 1150-1250/month. When I cash out refi. I end up have to pay $4k in closing costs on a 80-90K loan. Is th...
Hey guys, First post here on BP... I've been reading and trying to edumacate myself on here though for a while now. Figured I'd layout my first purchase with some questions... any and all comments/suggestions are welc...
A favorite phrase of realtors and sellers alike, isn't it?
I'd like to know if there is someone here that has ever seen an actual "paint and carpet" rehab?
I sure haven't. I've come to the conclusion that "just some ...
Hi All,
Over the last couple of days 4 or 5 deals have come my way that seem pretty good (this is preliminary observance... no extensive research done yet). If they all check out they would be great buys for me.
I ...
Hi Guys,I have been a landlord for the last 10 years and enjoy it ( I only have 3 SF houses). However, lately prices climed high everywhere and it has been hard to do buy and holds. So I feel I am pulled into differen...
Has anyone employed the volume rehabbing business model versus the standard 70% minus repairs business model?
The following pertains to properties under 100K:
In my market are...
Anybody here doing deals in Detroit? What does everyone think of the opportunities there? Are there opportunities?
I would like to look at targeting this city and zoning in on some good properties. For those that inv...
Hi this is my first post and I have been reading all the useful information on this site. I am happy to see that most people at BP are very helpful towards their fellow investors. I would like to know by what proces...
This is me thinking out loud :roll: but up to this point I have considered the implications of risk in a rehab project as either and increase in cost and/or a delay in schedule.
In order to account for risk I add a...