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...
Alexandre Medrano
Rental Income numbers
Estimating rental income is something that I am struggling with when analyzing deals. Any tips on estimating rental income? So far i have been using rentometer and craigslist for listings of similar properties for ren...
Gary F.
Motivated Owner with Back Property Taxes/Lien
Hello BPers.Whilst walking the dog I started talking to a friendly old guy. He's the original owner of a 1972 SFR house in San Jose, never remodeled or finished on the interior. I haven't seen the inside but the out...
Wave Taylor
Two unit bldg does not have a back door
I looked at a 2-unit bldg. in a not so great neighborhood. The lower unit looks like the bedroom was an addition and the building for does not have a backdoor. Should this be a concern, as far as being able to rent,...
Aly W.
REO questions
I also have a few REO questions and can't find the answers through the Search function. Feel free to point me to the right thread.
A REO has been on the market here for a week at $165K. The kitchen has been gutted, a...
Kyle Baer
Question about a Shell House in Pittsburgh
I'd really appreciate some advice on a potential fix/flip. I've never done a rehab before and I realize that this one might be too risky to start with.
It's a 2,600 sq ft frame house built in 1905 (4br / 1ba). The cu...
Bill Scott
Shutter and Door Colors
My partner and I just have gotten our first flip under contract. Here's a link here to a picture for as long as it stays up. http://www.homepath.com/listing?listingid=38180574 As you can see it's grey vinyl with a ...