Hello BP'ers,I was reading a real estate article the other day which talked about end of the summer buying season (particularly for SFRs). For you experienced flippers, is this something you consider for prior to pur...
Look for some advice on taking on being a landlord early next year when I rent out my condo. Should I use an attorney to make the rental agreement? How should rent be collected and tracked, any software recommended? S...
Could use some insight. I have a brand new 4plex I house hack and I am most concerned about keeping it and the neighborhood in tip top shape. I have a tenant who has used his backyard as a storage area and his stuff i...
I think most of us know the rules of thumb for running the numbers on the individual properties we're considering buying, but I'd like to know what everyone looks for in a potential investment city. I think we've all ...
I am an aspiring investor and there is a property near me that has been vacant for quite some time. The taxes are up to date being paid so I wanted to take a shot at writing a letter to the owners. Can you guys give m...
Looking to buy single family property in Indianapolis area. Having trouble getting financing from few mortgage company’s already. Good credit, pay stubs have 20% cash to put down. But being that I’m from Hawaii and bo...
I have read that the 70% rule should be applied as follows before making an offer.
Example:
$100,000 ARV
minus 20% profit
minus 10% holding and closing cost, including title insurance,
four to six mont...
I've read from several people on here of doing a move out cost spreadsheet that is to be signed by both parties before moving in. For example, if you leave trash in the unit it will cost you this much. A fork in the d...
After I had the house under contract, I met with my contractor a week later at the property for a repair estimate. While we were there, a group of people arrived, I assume another agent, and three different contractor...
As a broker offered (we think) a good opportunity, our family is thinking of investing in multi-family apartment building in Virginia as a LP . I learned only in books while I took commercial real estate class at a la...