Ellen Morrison
Am I being ripped off with Closing Costs?
Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...
David Shapiro
Do you replace 13 year HVAC system with R22 refrigerant?
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
Robert N.
$5,971 in closing costs/fees on $36,000 loan?
Hello all,
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...
Luka Jozic
Need help estimating ARV for BRRRR
I recently posted about a property with lead citations and Im needing some help as Im struggling to make the numbers work. The address is 3119 W 68th Ave in 44102. Im in contract at 66K cash, my bid came in at 42K (wh...
Rob Trufant
Advice Request for First Time Homebuyer Looking to House Hack in Pittsboro, NC
Hello everyone,I am fairly new to real estate and just graduated from college at 22 yrs old with a job in Pittsboro, NC, but have been listening to BP and Rookie for awhile now. I am currently looking at homes, some f...
Bryson Cox
Property Management charging too much!?!?
Hello....I wanted to get people's opinions on how much is normal for a property management company to charge? Currently the management company for my 13 unit apartment complex is charging 10% of all rent collected as ...
Joseph Davis
Offer price help needed in Northern Utah!
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
Ken Latchers
The Third Leg of B&H rental properties?
When purchasing a MFH to B&H, to me there are several main aspects:
-- Getting property in rentable shape/rehab
-- Tenant Selection & Management
-- Financial Management
As I just completed purchasing a 6 f...
Sochima Eze
Anyone have experience with propane heating?
Currently looking at a 7 unit, split between two buildings on one lot, and it’s listed as having propane heating. Has any had any experience as a landloard with propane heating compared to oil?
Jack B.
How to price a lease to own down payment, etc.
-Is there a percentage value of the house that one should ask for, such as 3%? I suspect that is too high as it would require more than 15K for a deposit for some of my more expensive houses. -Also, does one usually e...