I have a tenant in California who has recently decided that paying rent on time is no longer a priority. She has paid late the last 3 months and has not paid the water bill, or the late fees, or the bounced check fees...
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...
Hi Folks, I want to add a 3rd unit to a duplex I own, but my lot is 33 sq. ft. too small. Here's the deal...I own a duplex that sits on a 7,467 sq. ft. lot and it's located in an RM-2 Zone in Oakland, CA. I've looked ...
Hi Everyone! I know the book of estimating rehab cost is a good one, but is there any other ways to figure out how a rehab will cost?
They make it sound so easy in the podcast. "Get a hard money loan, then just refinance that bitch and cash out! Easy peasy!" Here in Canada you usually can only refinance 80% of the appraised value. So you'd have to b...
Hi everyone,My name is Paul and I am fairly new to this site. I discovered it looking for an insurance question and then proceeded to ask about becoming a Real Estate Agent. Since then the idea to go into Real Estate ...
I recently sold a property in Michigan. The city went out for the final water meter reading to get the final amount due and it turns out that the final bill is about $2K. The Escrow company held back $400, the city ...
Hey Dallas BPers,My apartment lease is up in spring of 2019. I want to buy a 2-4 multifamily unit using an FHA loan and make it my primary residence.I work downtown Dallas, so I want to be within a 15 minute drive of ...
I'd like to start by introducing myself from Nashville TN. I'm new to the REI world and to BP. I have been exploring the site for a few weeks and it has quickly become my new daily reading and mentor. So thank you all...
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...