Daniel Osborne
Thinking about land investing
6 November 2024 | 2 replies
The aspect of buying and selling without the headache of repair, remodel or tenant issues is what I find the most appealing.
Brody Veilleux
Sweat Equity on a MFH
7 November 2024 | 6 replies
@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.
Marc Shin
lower cost alternatives to Quartz / Granite countertops in an STR
5 November 2024 | 22 replies
You could also use tile - though not my personal aesthetic choice.
Nik Farooqui
Has Anyone Purchased Auction Homes
8 November 2024 | 3 replies
I have not bought from auctions due to the horror stories, but I have to be honest when I say that some of the prices on them make damn appealing.
Andy Bodrog
6 unit CT multifamily rent roll sheet help
4 November 2024 | 11 replies
Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in
John Rivera
What are your pressing issues when flipping? Replacing labor and project management..
4 November 2024 | 2 replies
I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?
Account Closed
Wholesale Investment in a Single-Family Residence
3 November 2024 | 0 replies
Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
The sooner I get this paid off, but sooner I can go back for more and it will look more appealing to other PML
Brandon Morgan
How can an Owner-Occupied single family home be an investment?
5 November 2024 | 15 replies
Personally, now that I’m middle aged the thought of continuing to share my living space with roommates has lost its appeal.
Colleen Sutherland
Introduction to the BP Community
4 November 2024 | 14 replies
STR is appealing to me because of the experience you can create for the guest and having a place for your family to stay when needed.