How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
Colorado Springs is a good example of a secondary city that is currently inundated with construction cranes, university and college growth (UCCS is expanding fast) and a lot of out of state money (Colorado College par...
Hello everyone!I'm about as much of a noob as you can be when it comes to real estate investing -- already though I'm contemplating the BRRRR route as an appropriate starting point in creating my portfolio. My questi...
Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...
What I am about to reveal below is a chapter of my life that, truth be told - I am embarrassed about. However, I have decided to share my story to inspire and teach a lesson to all investors, specially newbie investor...
Alright, I'm going to try this deal diary thing out. I'm one of those people who likes to have everything wrapped up so I can post a success story but this should be a fun process to go through so I'll bring you alon...
My tenants of 3 years will be moving and I will be going through the application process again. I was thinking that I would begin to process the basics of the applications first : verifying employment, income and pre...
Hi BP, I have a handyman coming tomorrow, and I have to decide whether I want him to strip all the drywall in the upstairs of the house off and us re drywall everything which involves taping, 2 coats of mud, sanding t...
Zillow announced today it's intent to buy and flip properties in the Vegas and Phoenix markets. What are your thoughts on bigger, brand name movers coming in to an already active market? Obviously, big investors are e...
I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...