Jesse Rolla
Adding square footage on rehabs - friend or foe?
Here in So Cal we're seeing quite a few potentials deals that will work IF we can add an additional room(s) and/or bathroom(s). With the decreased inventory we're trying to stay busy but don't have expe...
Steven Weiss
Impact Fees for 1200 sq foot ADU
Hey all,I plan in building a 1200 sq foot ADU on a single family home lot that currently has a 1500 sq foot house and know there will be impact fees (due to it being > 750 sq feet). I've hunted for information and ...
Abdul Azeez
Cash flow versus Cash on Cash
Folks - I am running some numbers on listings and have the following question regarding cash flow versus cash on cash. Brandon advises a rule of thumb of $150/unit. I have also seen him advocate something greater than...
Jeremy Chandanais
Forced into the landlord world without a clue
My family and I had to relocate across the country to keep my employment. With little time, we packed a Uhaul, threw the rest of our belongings into the pole barn and left MI. It seemed like fate, in that time our nei...
Jake Walroth
First time Buy and Hold/Owner Occupied
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...
Andres Aguirre
Newbie Question #2: can you execute a BRRRR with a HELOC or HEL?
Hi everyone,Today I was exploring how to pull some cash out of the equity on my current residential property and came across two popular options: a home equity line of credit (HELOC) and a home equity loan (HEL). Thes...
Leo Don
How did you put your offer on a house?
Hello BP Members,I wanted to know how does most investor place a offer on a house? What values or info to look for to determine if your offer will be lower than the appraised value? I read books and few articles It su...
Derek Persuit
Property Manager/Home Warranty
I'm going through a situation where I will have to hire a Property Manager as I will be long-distance landlording. My home warranty is up for renewal and I am weighing the options.Is it overkill to have both a Propert...
Gert Dervishaj
How to determine a good deal in Massachusetts?
I’m looking at multi family homes in the upcoming Worcester, Ma area and I’m finding a lot of seemingly slim margins looking at 3 unit properties. Unfortunately, Massachusetts is one of the priciest areas to buy house...
D.C. Sparrow
Homeowner Walking Away, Wants 5k to Deed the Property To Me?hort Sale
Hey Experts,
I signed a contract to do a short sale with a homeowner. However, now they won't sign authorization to release nor continue with the short sale. They want to walk away and will sign a warranty ...