![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/384988/small_1621448202-avatar-annieli.jpg?twic=v1/output=image&v=2)
8 October 2017 | 12 replies
The numbers are below:House #1 (4 bed 2 bath):Year built: 1994Square footage: 1440Listing price: $105,500Under contract price: $98,500 ($100,000 with $1,500 credit)ARV: $125,000 (conservative)Repair cost: $6,000-$7,000 (realtor's estimate but can be less)Rent: $1,200-$1,300Location: E 75th st & N 700 W, 46236House #2 (3 bed 1 bath with 2 family rooms):Year built: 1961Square footage: 1389Under contract price: $30,000ARV: $50,000 (conservative)Repair cost: $7,000 (wholesaler'so estimate but can be a little more)Rent: $800-$850Location: E 25th st & N Post Rd, 46219Any feedback on these 2 properties especially on location is greatly appreciated.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/144807/small_1621419259-avatar-imbwu.jpg?twic=v1/output=image&v=2)
25 September 2013 | 19 replies
To start, this is a brief overview of what I have gathered thus far:Condos:Pros-Low Risk (big expenses are covered by reserve fund)-Low cost-Easy to rent (multiple exit strategies)Cons-Low Reward-Hard to find deal that are worth it-HOA or Condo boards can be a pain (regarding all aspects)-Directly affected by any/all units in property-Susceptible to changes regarding condo fees, bylaws, and management.SFH:Pros-Autonomy-Easier to find deal/larger spreads-Can be unique, fate does not rely as heavily on nearby unitsCons-Much higher risk of large issues (plumbing/mould/structural)-More square footage (on average) = Higher cost for both property and renovation...Now this may be all wrong, but if any of you have any insights to add, remove, or add for townhomes or MFH please join in.Till then,Brandon
20 November 2023 | 16 replies
Keep records of the square footage of the office space and related expenses.Document Repairs and Improvements:Distinguish between routine repairs and capital improvements.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/71233/small_1621414492-avatar-jthomasmartin1.jpg?twic=v1/output=image&v=2)
19 June 2014 | 51 replies
Or a C class that offers amenities others don't like washer dryer hook ups or sq footage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/736137/small_1621496383-avatar-jeredc.jpg?twic=v1/output=image&v=2)
20 April 2017 | 10 replies
With less square footage I'm estimating at the worse at $180,000.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/118167/small_1621417702-avatar-jkehl.jpg?twic=v1/output=image&v=2)
28 February 2013 | 3 replies
Like, split the bill for that property in half, or by square footage?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/362421/small_1621446699-avatar-mikef22.jpg?twic=v1/output=image&v=2)
29 July 2015 | 11 replies
The great, 3-5 year tenants are not the majority.If the place gets beaten up by tenants, because of the square footage, it will cost a lot to get market ready if you decide to sell it later.The only two arguments for keeping a property like this is if you have a killer loan that you can no longer get or if you are in a soft market and can't sell for what you need.
31 July 2018 | 3 replies
Knowing that our house is zoned multi family I went to the city to find out what was possible. . .We are able to build a new structure onto our existing garage that can be as tall as our main home and 1/2 the square footage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2670/small_1621346232-avatar-einehummer.jpg?twic=v1/output=image&v=2)
3 January 2009 | 3 replies
looking at a foreclosure that the previous owner added around 200 additional square feet.
This was done without a permit, so, the County doesn't have the 200 sq ft on record, Shows a 2bd -1b, its now a 3bd -2 b
wh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/526543/small_1621481554-avatar-michaelm335.jpg?twic=v1/output=image&v=2)
19 September 2016 | 2 replies
The thing I like least about this property is the square footage.