I currently have never done a flip of this degree, so i wanted to get some input from the masses on the numbers. I have been reaching out to banks and previous owners of properties in a nearby area and a bank responde...
I'm a realtor who helps investors to purchase income properties. One of my clients is looking to purchase the entire portfolio (51 doors) from a seller. The seller is looking to avoid paying a large chunk in taxes. ...
Hi Folks,I've been a landlord for about a year now and there's always something I'm dealing with that the previous landlord neglected. The A/C unit died (it was 30+ years old. RIP) and while the contractor for the Hom...
I'm under contract for a new construction quad and am trying to decide whether to purchase washers and dryers for the units (they have W/D hook ups). It seems like the existing multifamily population in my area is spl...
I am having an issue with single family investment home in Florida with Fire Insurance Premium being increased by 70 % because a small section of the living space is under a "flat roof". Most of the roof is post 20...
Hello,I am closing on my first rental unit on July 1st. This is an off market deal and we are using a real estate agent. The unit is currently rented, but will be delivered vacant. The issue I am having is that the...
Hello all, my name is Jayrel. I am from Virginia, Hampton Roads area and soon to move to Denver. 28 yrs old. I am a newbie to RE. I have been reading BP religiously for the past week. I enjoy the wealth of knowledge u...
We've got a tenant moving in on Tuesday with two kids, pretty young.Any child safety horror stories or other lessons learned? Definitely want to hear from Virginia investors. In addition to protecting ourselves, we al...
I’m closing on a property with some mold in the attic. The seller said he will treat the mold himself before closing. Should we require him to get a mold inspection letter afterward saying mold is remediated? If we do...
We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...