Ty Primers
Spec House Building Consistency
On average, how long does it take to build a spec house when the land, plans and permits are already in place? How consistent is the building cost vs the planned budget when building and is it something an investor ca...
Dan Simpson
Tax question
I recently ((Oct 2015) started investing in RE and formed an LLC. I have bought two houses that I am going to flip. Both are currently on the market.The first house consisted of a lot of fix up, much of it done by me....
Henry LiChi
First Independent Deal
Hi all,I'd like to get some first impression opinions on a deal I am seriously considering.The single family house consist of 4 bdrm 2 bath,1300 SF house with a 480 SF 2 car garage on a 5000 SF lot. Built in 2007, ex...
Mitchlyn D.
Check this Owner Finance Deal Out
I got in touch with an out of state owner who has his property for sale.Sale Price: $79,900Property details: It's an actual house consisting of 3 bed 2 bath. However, he converted the house into 2 units(2/1 and a 1/1...
Olya Sorokina
I need help calculating ARV in Mill Valley, CA
I'm in a middle of a flip and I've got cold flip. I'd really appreciate if someone helped me reassess the ARV. The property is in the Strawberry neighborhood near the Strawberry Point School in Mill Valley, CA. And we...
Dominik Myslinski
first purchase in MF in westchester ny area
hiim new to BP but was reading up on discussions. i live in westchester area (peekskill) and currently looking at a MF in the area (cortlandt/shrub oak/yorktown). Westchester taxes are pretty high but I want to do a h...
Kelsey G.
Inspection Contingency on Multifamily
We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...
Simon K.
Cars
Totally random, but...
[b]What kind of car do you have? Do you like it?
What is your dream car and why?
What kind of car (realistically) would you replace your current car with? Why?[/b]
I have a 2010 VW Jetta sed...
Kyle Forbes
Duplex for first investment property - Should I pull the trigger?
Hello everyone, I'm looking at a duplex in Hampton Roads, specifically Park Place in Norfolk, as my first investment property. The house is on 36th st and is from roughly 1920. It needs a new roof for $6000, but other...
David Eiges
Gas Leak Not Reported for 5 Months. Who Pays Gas Bill?
My tenant noticed their gas bill was much higher than normal ($150) and reported a gas leak which was quickly resolved (in 1 day). The issues were related to some joints around the water heater that needed to be repl...