Brad Davis
Landlord's opting out of Section 8 Program
Below is a link from our newspaper in Cincinnati about a greater number of properties are not qualifying for section 8 vouchers and landlords are not make repairs to pass inspections. To me the piece lacked the landlo...
Sean Williams
Bungalou "Stay & Play" STR....Pig to Princess (During COVID)
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,250,000
Cash invested: $2,100,000
Open as of March '22, BUNGALOU "Stay & Play" is concept that blends ...
Mo Farraj
Help me Analyze 14 SFH Bundle - Seller Financing
Hi All,I was offered a 14 SFH bundle under seller financing (terms still to be discussed) in West Philly, and I would like everyones opinion on the financials. The cap rate sits at about an 8%. However the neighborho...
Joshua Pages
hard money loans worth it?
greetings BP community, My name is Josh. I've spent months of research into REI and was interested in making my first investment in a rental property. I want start of with single family homes but I barely have money ...
Tenzin Gyaltsen
Fix and Flip, Denver Colorado
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $230,000
Cash invested: $100,000
Sale price: $392,000
This was a Duplex that we purchased for 460K. We ...
Elton John
Just closed my first deal. Thoughts ?
Side by Side Duplex Purchase Price $365K
B+ areaNegotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & Capex...
Joshua Davidson
Basics of Maximizing Value in a BRRRR (4+ units)
When conducting a BRRRR of a property that a bank only allows a commercial mortgage on (4+ units), the ways to add value are much more straightforward than a smaller multi-family. I want to use this post to give a lit...
Kerone Grant
absentee owner leads
how many yellow letters should i send on my first batch to absentee leads, and how many calls do you think i would get back?
Frank Rodz
High income earner with rental properties, pay off mortgage(s)?
My AGI is over 400K and am ~10 yrs from retirementBought a home 2 yrs ago, which is currently with 400k loan at 3.75% for 30 yrs and second loan as a line of credit with 122k at 6.24Have two rentals bought about 9 an...
Alex Sabio
Cash out to Reinvest?
I bought a home in Durham, NC in 2006 for 130K. It is 2018 and the house is currently appraising for 190K and I owe 80K with 18 years left at 4.5% interest. The property has been great, same tenant for 12 + years and ...