Ryan Van Fleet
Appraisal price
I'm going through the closing process and my mortgage agent is giving me a quote of $750 for the appraisal. The house is 1000 sq ft on an 1/2 acre. Its priced a $102k. Does this appraisal fee seem high. If so what ar...
Tyler Turpin
Is this an unrealistic offer? Or is my math wrong...could be that
I came across a 5-plex in San Pedro, CA. A Rent Controlled Area. Rougher part of town but with a huge 1 billion development starting in 1 year near by. I have only seen the exterior and it looks rough. I'd imagine the...
Jon Q.
Sales of Existing Homes Fell Last Month (Start of Hypersupply)
http://www.wsj.com/articles/u-s-existing-home-sales-fell-sharply-in-july-1472047382Sales of existing homes fell in July. Many markets nationally likely peaked in early 2016. I think in most markets we're now seeing ...
Michael Goodman
Steps to my first deal...time for action
I am about to go from the initial research/education phase of my Rehabbing career into the take action phase but want to get some feedback from the experienced folks on here. I wrote down my steps to begin so that I c...
Ari Bachrach
Feedback needed on first deal
Full disclosure: I'm already under contract for this deal, but since it's my first deal I want to get some feedback even though I'm going to be going through with it regardless.I'm buying 2 condos in the same complex ...
Aaron Holowaychuk
Taking over a flip that didn't have permits pulled.
A local investor is looking to offload a property that has had work done without permits being pulled by the contractor. The extent of the work is structural, plumbing, electrical, and HVAC that I am aware of. Most...
Daniela Craig
How to Make offers on Multifamilys? Valuing 1-4 plex
Hey BP fam,
I’m working on get my first deal and this is what I’ve run into.
Is 65% x arv - repairs, a good estimate to value a a multifamily rental property ?
I got a call from a motivated seller/ seasoned land...
Branden Pfaff
Wanting to pull the trigger- 1st time REI
Hey BP,
As way of introduction: I’ve been interested in REI for quite some time now, but never had the knowledge to step forward with it. I feel that BP has given me the confidence to seek out my first deal. I’m amaz...
Drew Denham
Driveway fix options on flip #15 Michigan
Hi all - I have a driveway issue and I under estimated the cost of a new driveway (learning opportunity!!). I've received quotes from $5000-$6000 for a new driveway and $4200 for asphalt. I was thinking about doing a ...
Anna Catron
Creating a 9x11 bedroom DIY cost
Fort , Texas. 1600 square foot house. I want to turn a den into a very basic bedroom, 9 by 11. It would need a window a closet and a door. How do I estimate the price?