Jarrin Benson
New Investor/RE Broker in Portland, OR
Hi All, I'd like to introduce myself as a new BP member, investor and licensed Oregon broker living in Portland. I've been listening to the podcasts for about a year and half, and have taken the time to educate myself...
Gary Freidman
Help With Memphis Property
As a new investor I am hoping someone could help me in looking at two properties in Memphis.Property 1:6740 State Line RdMemphis, TN 381412 floor, 3 bedroom, 2 .5 bath with a 2 car garage selling at $99,000. Just reno...
Jim Hewitt
Investing with a HELOC
My wife had an idea to make some money by flipping houses. Using money borrowed through our HELOC she wants to buy a foreclosed house and then fix it up (I'll do the work) and then flip it. I am reluctant to use the ...
Don Hines
Lessons Learned
This subject has probably been discussed many times before. But, for the newbies or other less experienced rehabbers (than myself) here is my most recent experience.....
Lesson 1.
I depended upon the disclosed square ...
Denny Le
Offer on a 4-plex
Hi BP!I just recently sent in an offer for a 4-plex. Here's the numbers and situation:Purchase Price: $283,000.00Down Payment: 3.5%, so FHA loanCash Flow will not be at a positive since I am paying such a low down pa...
Cooper P.
Mobile Home Park Evaluation ?'s (hypothetical)
Hello everybody. First time poster looking for some help. I find it is much easier to learn from examples, so I've tried to put together my own MHP scenario. Would greatly appreciate any responses (questions at bot...
Jeff West
Someone offered to buy my property before I put it on market
Hi BPers. I need some advice. I bought a foreclosure and just got the tenant out today. Out of the blue I got a visit from someone who happened to see an expired listing (pre-auction) and asked if it was for sale. Whe...
Dan Schwartz
Luxury Glue Down Vinyl is just today's Linoleum. Change my mind.
We are doing some light reno to a house we bought as a short sale years ago. In looking at vinyl flooring, the warehouse suggested the glue-down type, which I hadn't encountered before. How is this stuff not just li...
Kurt Mclaughlin
Getting through the inspection period!
Deep breath and a sigh. We’re finally through our inspection period on this one! We originally went under contract the Monday after our first weekend on market $100K over asking and asking was $50K over the original A...
Scott Lewis
Convert fourplex to townhomes??
Hello BP community! I am a first-time investor and have potentially found my first deal, an out-of-state fourplex with each unit consisting of 2 bedrooms 1.5 baths and approximately 1,300 sf. There's not a lot of oppo...