Jeff Lundeen
Mitigating and managing risk for a Value Add play
I love analyzing risk and figuring out the best way to protect downside.I've got a current deal that has significant upside, I am just trying to fully understand and mitigate risks. The current building has low rents...
George Gao
38-unit Storage Facility
There is a 38-unit self storage facility listed on MLS with average rent of $60/unit; Built in 1998; located in Porter, TX, which is in Montgomery County (north of Houston). This is a mom-and-pop operation. The area i...
Eric Dami
Full Rebab or Cosmetic?!
Hey BP Community!What are everyone’s thoughts on doing full gut rehabs vs. cosmetic only? In terms of cost, building equity, cash, increased rents, etc. Did you do both, did you start at cosmetic then do full gut? Wha...
Kusha Karvandi
Best questions to ask when buying a 4-plex?
I’m considering buying a 4-plex (this would be my first multi-family property) in the Chandler or Phoenix, Arizona area. What are the best questions to ask and most important criteria to look for when buying this type...
Silvia Ochoa
Finding deals out of area
I live in Dallas and was hoping to invest here as well, however, I can't find any deals that meet the criteria for the BRRRR strategy. I wonder if this is also the case for others. I'm considering finding a new marke...
Paul Quinn
Cash flow but not meeting 50% rule?
Hi All!As my learning continues I have made it a habit to run numbers on houses just to get the practice. What I have run into a number of times is the potential rentals having a positive cash flow but not meeting the...
Jose Perez
My First Flip: Marietta, GA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $95,000
Cash invested: $115,000
Sale price: $224,500
Renovated this 1960's single family home. Did few modifica...
Zach Mannon
Is using a home equity line of credit (HELOC) a good idea?
Hello everyone, I am trying to find ways to buy a investment property. As of today I have 1 rental with an approx value of $200,000 and I currently owe $110,000. After meeting with the bank they agreed to giving me u...
James Sinclair
Liens against property
I am new to the site and new to buying investment property but have a question about the quick offers being discussed. I was going to buy a lot and made an offer on it. During the title search it was revealed that t...
Kaz P.
What to pay a realtor?
I know this question has probably been asked a thousand times.
Is 5 percent the typical rate to offer realtors to relist a property you intend to flip?