Tayvion Payton
Thoughts on a Multi-Family Deal in 76104, Fort Worth? Looking for Cash Flow!
17 January 2025 | 2 replies
I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
Umesh Maharaj
Just be the bank by Dave Stech
28 December 2024 | 6 replies
Thanks for the feedback @Steve Hiltabiddle.
Rick Wood
Rent to Own Or Co-sign??
13 January 2025 | 2 replies
Just putting this out there for some feedback and wisdom.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
I'm in the information gathering stage so any and all insight is greatly appreciated.
Jon Martin
Anyone Using 5G Routers for Internet?
11 January 2025 | 6 replies
All good feedback, thank you all!
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
I've gathered more knowledge than I can implement with all the BP content and other materials, lol.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I remember spending entire weekends crunching numbers, gathering receipts from random shoeboxes and backtracking through countless transactions in my bank account.
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
I’d appreciate feedback from experienced investors!
Tyler Munroe
New MA ADU law can be a gamechanger!
18 January 2025 | 2 replies
Would love to get some BP community feedback on what you all think of this, let me know!