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3 April 2018 | 7 replies
I currently have Duplex under contract that will need significant repairs and would like to start geeting in touch with some contractors.
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19 March 2018 | 25 replies
I bought my hose hack duplex while still having student loans to pay off, car payment, credit cards.
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14 March 2018 | 3 replies
Below I have included some of the details that I have, I am going this weekend to view the properties and find out more details:2 Different Duplexes:*$39,000 for Duplex #1 (Assessed at $47,500)*$20,000 for Duplex #2 (Assessed at $36,200)Duplex #1 Rents: *$600 and $400*$600 and $200All In $1,800/month.
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29 April 2020 | 7 replies
It's a live in duplex and I rent out one of the units and do AirBNB out of the finished basement.
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15 March 2018 | 10 replies
The ones I am aware of (& I'm sure you'll find more if you Google)...Dave LindahlJoe Fairless Jake and GinoMichael BlankLance Edwards Rod KhleifSue NelsonBrad SumrockI just came from Brad Sumrock's event and there were a lot of successful students there telling their story about how they are currently doing deals, etc.His 1-on-1 program is a little pricey but appears to be well worth it because he has a whole network that a newbie can plug into.If you have the money... it's kind of a no-brainer.Shop around anyway though and I wouldn't try to skimp and go the free route.Buying an apartment building is not like buying a condo.
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15 March 2018 | 6 replies
The property consists of 4 structures - 2 duplexes, an SFR and 2 car garage, and has 3/4 of acre.Here is the link to my analysis using the BP calc assuming a $455,000 purchase price and below is quick summary.https://www.biggerpockets.com/calculators/shared/260799/874435c9-b77f-4f96-a3de-90be11c4cbbaThe asking price is $475,000, Assumed purchase $455,000.I've assumed $30,000 in repairs as a place holder (TBD)Current Rents total - $4,700 + an additional $75 in income from laundry machines _ According to listing broker.Taxes are $5,868 (verified)Insurance $4,500When factoring in other expenses - landscape maintenance, water, elec, vacancy, repairs, cap ex and PM I end up with $610 in cash flow.
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14 March 2018 | 2 replies
During that time we also bought a duplex in June of 2016.
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20 March 2018 | 8 replies
The contractor that I am hiring to do the rehab is going to be at the Duplex.
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27 September 2018 | 12 replies
My plan is to buy duplexes and triplexes.
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14 March 2018 | 0 replies
General overview, then the question(s):-Seller outright owns two condos in the same community; no mortgage.