Didi Oliva
Need help with my first deal
Hello as, just got my first lead & need help! seller house's ARV is 450,000,but she also owns the 3 lots around her house (28,000 each) All lots are over an acre. Do i use diff contracts? Im also trying to find ou...
Bhushan Walde
NewTenant low Credit
I have been owning properties last 3-4 years, till now it was someone else was managing my properties. Now, I want to manage.I have this tenant with low score, moving in my city, will have good pay verified with emplo...
BJ Brinkman
How am I doing? Deal Analysis please!
Hi BP members,
I'm so, so glad I found this forum. I'm hoping you might be able to analyze this deal for me, and offer some advice to a newbie. This will be my first investment house and I am currently rentin...
Jesse Stephenson
What is a good policy for paint on class A sfh
I manage several class A homes and still struggle with what condition is considered acceptable as far as the walls when a tenant moves out. Some of my tenants will do touch up painting and leave the place looking gre...
LaJoi Royston
Contacts Needed for basement build out/ separating utilities
Hello BP Folks!I recently purchased my first property, a 2 unit building on Chicago's south side.The building has 2 units, with the 1st floor duplexed down to a full finished basement.The building was owned by a famil...
Katie Johnson
825k a year investment- what should I look out for?
Here are the numbers
44 Unit multi-family for sale $12,618,052
Gross Rent Roll - $ 918,000
Total Expenses - $92,950
Net Operating Income - $ 825,050
I think this is a great investment, on a large scale.
However...
Dan Powers
Buying Properties Sight Unseen
I'm curious to hear everyones thoughts and experiences with buying sight unseen. The pros, the cons, what goes into making that quick of a decision, and what would stop an investor from pulling the trigger.I've had ma...
Jesse Schenk
What should we offer GMAC?
So here's the facts...
The house failed to sale at the trustee's auction on November 20th of last year. At that time the amount to "payoff the obligation secured by the deed of trust" was $317,446.97 and the princip...
Daniel Koenig
Found potential deal; where to start?
Hello fellow die hards!I am in the home remodeling business (sales) in San Diego, CA. In this business, I often speak with homeowners who share their intentions to sell their home with me......before notifying anyone...
David W.
Help With Analysis
Hello! I am going into escrow with a multi unit, two 2 bed + 1 bath, six 1 bed + 1 bath. located in . It has a rent roll of $16,000 per month. Price is $2,030,000. I am putting 33% down, 6.6% mortgage. Renters are all...