Brian Chadwick
Selling one home to get three - smart or stupid?
21 January 2025 | 20 replies
(Ideally I'd like to hold the homes a long as possible)Would love some feedback from the BP community
Lilia Matlov
Multi-family Residential Renovation and Restoration
29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
Talking with an adjuster, Companies were buying hailed properties, holding them for a year or two, switching Insurers, then making a claim, when another hail storm came through.f.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
If these type of damages occur in the future, I would recommend holding the tenants deposit, or if there is a claim to be made through the insurance you sell them you could approach that avenue.
Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 replies
Additionally, I wholesale deals and we buy & hold in SE Wisconsin.
Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
I am in the middle of finishing 2 flips there and have 2 long term Holds there as well.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
I wouldn't want someone to hold back, I prefer honesty and straight talk.
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
28 January 2025 | 71 replies
I might have to hold off renting till next month to avoid the scraping of a tenant off the bottom of the barrel last minute.
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
I included stats on percent unleveraged purchases and that many of those fairly low percent cash purchases in fact use unseen leverage HML, private lending, etc and some are short term cash holds such as a flip or a brrrr that gets financed not long after purchase.
Huggy Ford
La Jolla Condo with a land lease with SDSU hasn't sold. Pivot to corp/student rental
30 December 2024 | 16 replies
Someone just put in an offer. lol Now, I have to decide to hold or sell after a counter.