Jared Baker
Are Cosmetic Flips High Risk
Hello BP.Are properties that need cosmetic work, i.e. updating kitchen, bathroom, new flooring and paint, a high risk as far as getting your money out of it? I'm looking to do my first flip and would like to use conv...
Sandy Gelt
i have about $600,000 in equity, want income but am conservative
I have one rental no debt worth $400,000. plus cash of $200,000 more. Want to pull money out and buy more rentals. I could do the BRRRR method but don't really want to. What I need is income but want to be careful at ...
Shaunte' Spangler-Drayton
Potential House Hack
I'm looking for my first house hack and I live in a smaller town where prices aren't sky high. I have been to this property before and, to be blunt, it was in horrible condition. I also know that this is not the best ...
Padric Lynch
Major Learning Curve on My First Mixed-Use Property
BP!
This deal was an absolute project to get done, and not everything has gone according to plan. It was well worth it, for the sole fact that I learned a lot. This mostly came from some hard realities that I had to ...
David C.
Boosting Appraisal Value (in Chicago)
Hi, advice please...I'm looking to cash-out refinance. In Chicago, what elements of a property could help increase value in the appraisal?
Property built in 2001, things looking bit tired or starting to need repairs...
Justin Driskell
Looking for Advice on First Purchase
Hello BP community, thank you for taking the time to read my first post!I have just started on my journey of REI, as my wife and I have started looking at buying our first property, hopefully around next summer. I hav...
Angelica Wallace
Can I keep deposit for Breach of Lease due to pets?
I know the typical approach to replacing carpet is to prorate it based on life of carpet. In this case, the tenant had 2 unauthorized pets in the house (a cat and a wild Crow -yes a wild crow), in addition to 3 author...
Kevin Mehner
Creative ways to find larger multi family deals
Hello! Am an investor who currently has a portfolio made up of duplexes and a four plex. I started at beginning of 2019. All of the deals we have found on the MLS, but my question is what are some creative ways to get...
Rene Araguz
About to close on my first house and it has foundation problems.
I’m not sure if I should close on the house. It has foundation problems and the seller said he would not pay for the foundation repairs even if it only needs little repairs. It’s my first house so I’m not sure if I sh...
Tyler Santos
1031 exchange advice
I’m looking for some advice about 1031 exchanges. My grandfather in Massachusetts is going to sell his house to take advantage of the tax break he gets since he lost his spouse (my grandmother). He’s 89 years old and ...