Kevin Guo
How much to figure in for CapEx for multifamilies?
Hi all,I'm looking at 6-unit apartments and most in my area are mostly C units built in the 70s and 80s, with some in the 50s and 60s. The outside is brick. Pretty clean. Seems like they stood up well against time. In...
John Drake
The Book on Flipping Houses
Hello, I'm considering buying the package deal with both: The Book on Flipping Houses and Estimating Rehab Costs, however I have one question. I'm currently focusing on wholesale, and I understand that a lot of what...
Angelo Looney
First post from new Investor
Hey BP community, i’m a new REI. Been following the platform for a short while. My wife and I are looking to buying a small family property and using it as a STR. I’ve connected with a few agents and have been receivi...
Susan Leake
Property Manager - What to look for and how much
I'm a brand new landlord (out of town). What should I look for in terms of property management services and how much they charge. I have talked to one who charges 15%, which seemed high to me. (Western NY State is the...
Gerard Scranton
1st investment issues! Need some insight.
Hello BP Fam!
I'm currently under contract with my first investment property. It's a 2/1, 1596sq ft, .88 acre. It has a 1200 sq ft. detached garage with electrical and HVAC already installed. Future plans is to conv...
Timothy Miller
Favorite Areas for a Buy and Hold
What are some of your favorite areas of the country to buy and hold for the long term? Would love to see where people are bullish but also hear where people are bearish for the future.
Linda Foster
Need Short term funding for BRRR
How do I find short term funding (6 months to purchase all cash and then renovate) to purchase a distressed below market home in Northern CA at 100% financing? I've called private lenders but they require 40% down! ...
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
Hello everyone! Question regarding my first rental property and taxes. I purchased my first rental property (4plex) back in July that’s taken a lot of expenses; down payment, inspection, repairs, rehabs, etc. From my ...
Jack B.
Question for other accredited investors: what are you doing now?
I bought most of my rentals at the bottom of the market or near bottom, other than 2 of them that I had to buy 1.5 years ago due to 1031 exchange that I needed to do for a long list of reasons.I have capital to deploy...
Greg Newson
Is this private money loan legit?
I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...