Ignacio Rosenberg
Raising rents on acquired property during COVID
Hiya all;We're closing on a property in the next few weeks and struggling with balancing the business and the human side of what we do. The property has tenants in place but are between $130-200 / mo under market at ...
Brian R.
First BRRRR Complete with PHOTOS and numbers
Completed my first BRRRR today thanks to all the information that I learned from the hours of reading on BP and a few books too. Ended up with a 5 bedroom 4 full baths and 2800 sq. ft. 2 story with another 1550 sq. Ft...
Dave Gibson
Potential Deal II - Flip To Buyer
Guys,
I'm simply not going to give up locating a good deal for my buyer. I met w/ my buddy (REO agent) last week and he took me to one of his homes. 3BR/2BA (20yr. old home), rancher w/ deck (needs work), two car, de...
Keaton M.
First Renovation: Am I Overdoing It?
My wife and I have been working on the first unit renovation of a fourplex in a B-ish class area. There is a lot of development around and we definitely are producing a unit much higher than the typical in our area, b...
Petit Morne
Creating your own MH park from scratch (raw land)
Hi,I own 36 house lots (65x1250) in East Texas. They are platted as 3 whole city blocks. They are in a small city but on the far edge of the main part of the city. Most here want to buy MH parks that are already up a...
George P.
how much rehab if you are going to rent it?
this is a continuation of my previous thread about the deal i am working on. want your opinions, please.
details:
asking price - 80k
accepted - 63k
75% LTV
cash to the table - ~$18k
rent(good condition) - 1,150-1,25...
Andrew B.
Small to Medium Basement Leaks
I purchased a duplex last month that was built in 1921. There have been 2 days in the past month where we have gotten a TON of rain and we ended up with some small to medium size puddles in the basement. Is this cau...
Justin Eaton
Successful Flip Details w/Photos and Numbers ($95k reno)
Hello BP World! I've recently completed my biggest project yet which included a renovation cost of approximately $95,000, multiple offers, a quick sale to a military couple, and a happy closing! :) Buying the property...
Scott Choppin
The Real Estate Development Business - ask/say anything
Hi Everyone: I was thinking to open up a space for an "anything goes" thread, where the topic is real estate development and development deal making. It could be anything: questions, war stories, best deal, worst deal...
Caleb Math
Moving a house??
Hey folks, I'm new to BP (first post). I have a opportunity coming up to move a house onto a nearby piece of property I own. The house is 1200sqft 3bd/1bath, it's fully updated (kitchen and bath) has hardwood floors, ...