I currently own a townhouse where my mortgage plus HOA is $1,665. Rentometer says my place would rent for $1,908, Zillow says $2,300 which seems way too high, then Zillow rental comps are around $2,000-2,100. 2 bed,...
My wife and I bought our home a little over a year ago and due to me being in the military, we are moving. We decided to rent out our home as the market doesn’t indicate a profit if we sell. Our plan is to rent it out...
Hi all,
I'm looking to jump into real estate soon. I am trying to decide between buying a condo or perhaps a multi family home. I have read that a good method for estimating the true value of a home is to compare it ...
My wife and I are in the process now and completing home repairs. The goal, at least initially, was to fix up the needed repairs and list the house for sale this coming spring. The thought, however, came up- what if ...
I am looking at a house that I think could make a real good flip. The only downside is that it is really small, but there is enough space in the back to add an additional room. I'm thinking of adding about 300 to 400 ...
We bought a SFH at the courthouse auction, put in very nice upgrades, fixed all the issues that our inspection identified, staged it, on the market in 5 weeks. Had 2 offers in the first week, accepted one with a 3-wee...
Good evening! I own a condo in a building that needs about between $30,000-$40,000 for some work done on our roof. Rather than a special assessment, we're looking for financing options. I'm finding that because our lo...
Hi, my company recently picked up over 200 new units of property management in Colorado Springs. A few of the buildings have hail damage, and we are working on insurance claims to get free roofs for the owners. Does ...
What percentage do you put towards Cap Ex when purchasing a townhouse for a rental? I am practicing analyzing deals with the BP rental property calculator. I found a townhouse that cashflows ~$200/mo if I remove Cap E...
Hey BP family,
I am currently going after a bank owned property with significant neglect and damage. It has an old ugly pool. The roof needs replacement, The wood siding outside the house is destroyed. The list goes...