Hello fellow BP members,We are FL (no income tax) residents and are currently looking at an out of state investment opportunity. The details are as follows.All numbers below are approximations (estimated on the highe...
Is it common for banks not to consider revenue on a new construction multi-plex? I'm looking to finance student housing in the form of 2x30 unit complexes. Total cost of construction 2mil. The bank is telling me that ...
Recently purchased a 4 unit quadplex with 2 units downstairs and 2 units upstairs, and currently renovating one of my downstairs units. Upon ripping out the ceiling drywall we noticed that the ceiling had 2 layers of ...
I'm looking to invest in mobile homes, just starting out, and I'm getting a feel for what my area has to offer. While driving around I notice certain parks don't appear to encourage additions to the homes where as oth...
BP,I got a quandary here I was hoping to get some expert advice on. I'm brand new to making follow up calls, so I'm not sure what to do with this guy. He called in response to my mail campaign and although we built so...
Hi there BP members!I am a new member who is seriously considering building some single family home rental properties. I have a trusted client who has built several hundred throughout the years as a GC (all building ...
Seems this is the trend in more expensive cities like Seattle and in Vancouver. Doesnt this go against the grain of investing in income properties? What happens when the economy turns sour and the vacancy rates drops ...
My wife and I acquired a property a little over a year ago on 3.4 acres. It’s 5 minutes from Delaware beaches and we have moved into the home as our primary after we rehabbed it. The housing market sucks where we are ...
I need to be talked down. I’m convincing myself that this is a good deal before I really know what I’m doing and what to consider. I know this is not a proper analysis, I’m working on that. My market is western Kentuc...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $735,000
Cash invested: $1,060,000
Sale price: $2,825,000
New Construction project in Sherman Oaks. Purchased a...