Abigail Long
Active Duty military family home purchase from parents
Hi all,Look for some advice. I’m active duty military and my parents have had a home here in Hawaii for 30 years.They currently owe roughly $260k on it. And, it was appraised for over $650k. It’s a single family home ...
Tim Huynh
Refinishing wooden floor; Light vs Dark stains
What's your preference and why? My contractor shows me some options and he recommend I go with a lighter stain for rental property.
Yashar Fred
Closing , inspection and option period
The house I am about to purchase has been running some repairs that now the seller believe can not finish till the option period extension. His estimate is to be done with the repairs till closing date , basically we ...
Dan Short
Waterproofing Garden Units in Old Buildings?
Hi All,I'm under-contract on a 4-flat in Lincoln Square. The basement today is 1/2 garden apartment, 1/2 unfinished common space. The finished part appears to have water / seepage coming from the brick foundation, whi...
Kyle Miller
Complete Gut and Rehab Estimates
Hey all, I'm looking for some anecdotal information about full gut rehabs. At this point I only have experience in a live-in flip but am looking to branch into a full gut, to the studs, rehab on a duplex. Approx. 2500...
Jonathan Ramsuchit
Jumped in and just bought my first rental but I dont know how to deal with rehabbing..
Hey BP!I just purchased my first duplex, 3/1 over 3/1. It had an extension that was unfinished but I have no idea if it had permits to be a bedroom. I figured I can turn it to a bedroom to snag some more rent out of ...
Ryan Horne
Unfinished Basement Question
My partner, @Michael Davis, and I went and walked a house today with a contractor. This will be our first house we are looking to flip. This house is listed on the tax records as a 3/2 with 1275 square feet with a 127...
Alex Ritter
Am I getting taken advantage of on this deal?
Hey all, I'm looking for some advice on my first deal. I'll try to keep it brief. I'm currently nearing the end of my due diligence period on a local rental property I have under contract. After some initial back and ...
Tom R.
Getting a mortgage when the house needs extensive repairs.
I made an offer today on a for sell by owner house that is in need of extensive repair. Then it occurred to me that I might have a problem getting a mortgage. Mainly because there is an unfinished, un-permitted 400sq ...
Patrick H.
BP Podcast 356 - Section 8, Joe Asamoah, questions about rehab
I recently listened to BP podcast 356 with Joe Asamoah who does high end Section 8 rentals in Washington DC. One of his strategies is to buy a 3 bedroom house with a basement and finish the basement making it into a 5...