All Forum Posts by: Anna Stratton

I am new to BP.  Spending lots of time here for a few months, reading, looking at lots of properties, analyzing deals, studying  strategies, and talking to more experienced folks. I would like to ask a few of you for help with a couple of concerns unique to this property. 

I want to keep this for long term rental. 

It is not a great deal at its current asking price. Of course, I will put in a bid for the price that will make it a great deal.  I have run every possible scenario on the calculators, but will try to keep this short, so didn't include here. 

It has been on market without sale for 3 yrs. it's rented now and needs some freshening up only. The owners inherited and are uninterested in it. 

-this is a large lot with 3 single family homes.  Is this a concern when trying to resell a property like this? Is there a reason why buying 3 homes on  a single lot is not favorable? 

-I suppose it could be subdivided, is there an advantage to do this?

-any recommendations on information/resources specific to where to get the most "bang for buck"for forced appreciation?

Thank you for any thoughts and direction. 

Hi my name is anna. New investor . How can I join your group?

Ok, so we all have to start some where. I am new to real estate investing and this is my first post to bigger pocket. I have been reading, posts, books, watching webinars, videos, talking to lots of people, analyzing deals everyday for a few months! Got some cash. Ok, I am ready to jump in! Found a GREAT deal today for a BRRRR. Ugh, all cash deal for 70k. I only have 25k. It's 3b/2b and a 2bd/1ba basement. After rehab value $170k. Rent in our area is $900 -1200for 3bd and $600-800 for 1brd. They will be taking highest and best in a few days. Anybody have any advice?