Amanda Thompson
Security Deposit return to bankrupt tenants?
Our NIGHTMARE tenants finally moved out. They owed us over $15,000 in back rent and fees and then filed bankruptcy. (This is the 3rd time they've done this... one major reason we fired our Property Manager. Seriously,...
Curtis Bidwell
Empty Restaurant needs ideas
I had a good fine dining restaurant in a 3500sf space when we purchased the mixed use building (38 residential units upstairs, 3 office/retail and a restaurant on street level). The owner/chef got distracted and w...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Jacob Lopez
Running Cash Flow #s by the Four Square Method - Deal or Bust?
Hey BP Community,I have been diligently running cash flow and Cash-on-Cash return #s from many duplexes and triplexes in the Chicago and Chicago suburban areas. To my dismay, I have found that as someone who wants to ...
Kyle Holden
ADU Build + Financing
Questions for the community about ADU builds:1) It seems that building an ADU does not add $:$ equity value to your existing property. On average, the numbers I am finding show a $0.50-0.70 equity increase per $1 inve...
Adam Hermsen
Combining 203k loan, house hacking, and brrrr
Hello everyone, I am curious if anyone has experience using the FHA 203k loan? I am interested in learning more about that process.
Ultimately, I am wondering how feasible it would be to find a 2-4 unit property ...
Terence Eng
Introduction, Newbie from Jersey City, NJ
Hello BP community, My name's Terence (Terry) Eng I'm a software engineer by day and I'm looking to join the ranks of the many successful BP members in this Real Estate game. I've stumbled upon BP about 7 months ago ...
Holly Harvey
Moving to MD and looking for opportunities
Hello all! I'm just beginning to learn about real estate investing and will be moving to Columbia, MD within the next two months. My partner and I will be closing on our first home, hopefully, by the end of the month....
Demetrius Johnson
7 showings in 3 months
I'm working on my 2nd flip in Jacksonville FL's Murray Hill area. Initially listing the property at $170K to see how desirable the property was and attempting to maximize profit (which looking back at probably wasn't ...
David Chen
House hacking scenario in west Denver neighborhood
First time homebuyer and new to the real estate investing world. Thanks for all your advice in advance!
I am a newly graduated dentist looking to house hack in the area just west of Denver proper. I am currently look...