Nathaniel Cherubini
Using all of the tools of a owner-occupied residence to build wealth.
Investment Info:
Single-family residence buy & hold investment in Murrieta.
Purchase price: $440,000
Sale price: $675,000
Purchased with 5/5 ARM, no money down and walked away from closing with $...
Jean Emmanuel
Kailua Condo - Rental Property, Fixed and Flipped
Investment Info:
Condo fix & flip investment.
Purchase price: $530,500
Cash invested: $20,000
Sale price: $620,000
2 Bedroom, 2 Bath, 814 square feet condo in Kailua, HI. My spouse and I inve...
M Lindgren
Potential 1st deal
Looked at a repo 2-unit today that looked to be in surprisingly good shape. Each unit is 3 bedroom/1 bath. Purchase price is $15,000. Going rate in the area is ~$700-750 for 3 bedrooms however I live in Michigan wh...
Varinder Kumar
220volt outlet installation
My tenant requested if I can install a 220volt outlet in the garage. Any idea on how much this would cost me? He wants to get a welding machine. Is it dangerous to do this? Do I have a liability should something happe...
Tyler Walton
Hello BP!!
Hello fellow RE investors!
My name is Tyler Walton and I am from Atlanta,Ga. I'm 25 years old and work customer service at ATL airport and since jan of 14 I have been involved with wholesaling real estate.
Over past...
Christopher Haney
Flipping laws in Virginia
BP,
I heard that Virginia has a law that states that in order to flip a house the owner/investor must hold a contractor license even if they have another contractor running the project. I tried searching Virginia's ...
Haney Mallemat
Estimating expenses on 10+ unit buildings
Hi BP,When you are determining a potential investment property where there are more than 10 units, what % do you use for monthly expenses such as: 1. CapEx2. Maintenance3. Property managementI know these are variable ...
Christen G.
Should they stay or should they go? Inheriting tenants?
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
Brandon Roof
The importance of a property's age?
How big of a role does the age of an available property play in your decision making when deciding whether or not to proceed? Where does it fall in importance (i.e. cash flow is more important than age but central ai...
Jay Hinrichs
74% of Millinials surveyed plan to buy a home within 5 years
In our National builders monthly magazine there was an article on the millennial buyers.. It seems many folks think millennials are going to be life long renters.. National builders association survey's say the opposi...