Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

210
Posts
77
Votes
Tom Chen
  • Real Estate Investor
  • Flushing, NY
77
Votes |
210
Posts

Getting ready to make first offer...

Tom Chen
  • Real Estate Investor
  • Flushing, NY
Posted
Hi Everyone, So I'm getting ready to make my first offer. Seems solid enough... 3 units $700, $700, $500 Asking - $42,000 Taxes around $3,000 Separate utilities Currently fully occupied, but I need to get rid of the first floor tenant because he seems to be a nutcase. Question is... Should I start renovations unit by unit, or kick them all out, and renovate the whole thing at once? Problem is, between down payment, closing costs and reserves in the bank, I won't have much to do a rehab.

Loading replies...