Tim V.
Earthquake retrofit - sanity check
Hey Everyone,I currently live in a SFH with an in-law unit that I use for rental income. The house is an old victorian, built ~1900 and does not currently have any sill bolts, cripple wall bracing, etc. I was recently...
Tyler Beard
Financing advice on a property flip
Hey, I am new in real estate investing. I found a foreclosure that is only $32,900 in a neighborhood with houses that sold for around $130,000. It does need a lot of repairs. I plan on getting an inspection, but I wan...
Marc Celoy
Starting out with a condo
I am rather new in the real-estate investment and I am looking to buy my first property. I am unsure whether purchasing a condo in an area where I know for sure the housing market is on a continual steady growth. It w...
John Acklen
What do you use for Rental comps?
Hi All -What sites do you use to determine how high you can push your rents? I've been using Rentometer, but it doesn't do a very good job at differentiating between property classes, amenities, etc. Any other sites/...
Curtis Thomas
Estimating the rehab costs
I am just getting started. Many years ago I spent 11 years as a real estate agent and a mortgage broker. I want to get started flipping. I started my LLC, got a bank account set up and put some money in it. It is ...
Kevin Phu
How Should I Finish Garage
I bought my SFR with the garage interior unfinished. The walls are all open and electrical wiring/outlets are installed. I had a few companies come by and give me quotes on insulating, drywalling, and painting. I also...
Jared W Smith
Looking for First Deal. Help with Analysis
Hello all- In an effort to work toward comfortability in pulling the trigger on my first deal I am analyzing several local deal (in Westchester County, NY). I came across this 3-Family for $350k. Seems below the aver...
Calvin Douglass
Adjacent rowhome under construction; tenant electric bills soar
One of my rental properties is a 2-bed 1-bath rowhome in the Canton neighborhood of Baltimore, MD. The home commands $1800 per month in rent.One of the adjacent (attached) rowhomes is under renovation and has been ope...
Connie Presley
What comps do you use when you can't find an ideal match?
Hi All! I have been finding older properties in my area with very many recent sales nearby. However, there are newer communities within short distances from the older homes and I am assuming that I cannot use the sale...
Chris Furcolo
Termite Damage - Should You Take on the Unknown Repairs?
I've made an offer an a single family investment/rental property in Massachusetts. We plan to buy and hold and rent it out for 5+ years at least. The inspection revealed termite damage that may require the entire si...