All Forum Posts by: Roselin G.

Hello BP family! I am purchasing a house that is in construction. I went by and noticed several cracks in the foundation. They are small cracks but there are about 5-6 of them. The house is abt 2000 sq ft. I brought it up to the builder who responded that concrete cracks and thats why we have a warranty. I wanted to get your thoughts also. Thank you in advance!

Hello BP family! I am purchasing a house that is in construction. I went by and noticed several cracks in the foundation. They are small cracks and I brought it up to the builder who responded that concrete cracks and thats why we have a warranty. I plan to follow up on it but wanted to get your thoughts also. Thank you in advance!

@William D. : Have you tried using the BP rental calculator to analyze the property? If not, I think it'll give you a better idea of what to consider when looking at the cash flow. For a SFR, I think its wise to have at least 200$ cash flow to make it worth your time. Redfin is a good place to look for properties if you haven't already.

@Joseph M.-I just started to use redfin, and its probably the best site for comps I've used so far. Thx for the tip!

@Toben B.-Thanks! I've been digging around the assessors sites and its been super helpful :)

@Rosy Bruno--Thank you! Likewise! 

Thanks for your input Jim! Greatly appreciate it! 

I'll definitely be taking your advice. I'm fairly new to analyzing deals, so that helps greatly. I've been looking at some county appraisal history, but seems that's not always a very good estimate. 

Happy investing!

Roselin

Hi all, What are your thoughts on finding comps for duplexes & triplexes? It seems to be quite difficult to find comps--have you run into this issue? Thanks!! Happy investing!