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Hello everyone. I hope everyone is well. So I'm back trying to educate myself how to run comps again. I downloaded and read J. Scott's guide and am trying to follow it to a Tee. One thing that really helps out is that...
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This property would be a total shot in the dark but has huge potential to be a great flip and also a decent cash flow property. Current asking price is $27K, however I'm sure that I could get it for less. I estimate t...
I have been living in a small multifamily complex with 6 units. 1 quad and 1 duplex. It is a VERY old property and needs full rehab. I was considering getting the quad on a FHA 203k loan and getting an investor to ...
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Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...
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I’m planning on getting a sump pump installed under a crawl of my first quadplex. Each tenant has their own electric. Just wondering how it works with the electric bill?
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Hello BP!Being a BP Podcast junkie, I've naturally progressed to the forums. As a long time lurker, I'm excited to be here.I have been a landlord for 5 years now but fall way short of being an expert in the field. By ...
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What things can you deduct from a deposit?
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Hey Guys,Have a bit of a dilemma i'm hoping i can get your input on.I bought a townhouse property to flip, but do to a lawsuit the HOA brought against the builder most lenders will not underwrite a mortgage until the ...
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I recently met a guy on a job site that during a brief conversation about real estate, had explained that he was interested in selling the duplex he lived in. I asked what he'd like to sell for, and he came back wi...
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I inherited my house from my mom a year ago. I owe $43k on it as for right now. Tax assessed value is $90k but market value $125k(premium shape). I thought this year was last year for HAMP incentive to end, found out ...